Freeland Lions Club Foundation

Analysis

Freeland Lions Club Foundation is a registered charity in United States, based in Freeland, MI. It received its IRS tax-exemption ruling in September 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Freeland Lions Club Foundation reported income of $419k and spending of $329k, leaving 22% of income unspent that year. Across the 6 years on record, from August 2019 to June 2024, income grew from $261k to $419k (+61%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Freeland Lions Club Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Insaan Group ($419k), Impact100 Philadelphia Inc ($419k) and Appropriate Place Inc ($419k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 83% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.