Millbury Lions Foundation Inc

Analysis

Millbury Lions Foundation Inc is a registered charity in United States, based in Millbury, MA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Millbury Lions Foundation Inc reported income of $57k and spending of $70k, spending 123% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $95k to $57k (-40%), an average of -12% a year. The sharpest change came in the year to August 2023, when income rose by 94%. Over the whole period it spent 133% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Millbury Lions Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Maynard Cooper & Gale Charitable Foundation ($57k), Rotary District 6440 Charitable Fund Inc NFP ($57k) and Friends of Esquipulas Inc ($57k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.