Westmont Lions Foundation

Analysis

Westmont Lions Foundation is a registered charity in United States, based in Westmont, IL. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2024, Westmont Lions Foundation reported income of $53k and spending of $42k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $85k to $53k (-38%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Westmont Lions Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Kings Way Foundation ($53k), United Way of Appling County Inc ($53k) and Illinois Park & Recreation FNDTN ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 179% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.