Lions Club of Montebello Charities Foundation

Analysis

Lions Club of Montebello Charities Foundation is a registered charity in United States, based in Montebello, CA. It received its IRS tax-exemption ruling in February 2016, 10 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, Lions Club of Montebello Charities Foundation reported income of $67k and spending of $56k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $39k to $67k (+72%), an average of +72% a year. The sharpest change came in the year to June 2024, when income rose by 72%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lions Club of Montebello Charities Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Salida Rotary Charitable Fund Inc ($67k), YWCA of Billings Endowment Foundation Inc ($67k) and Slvrec Energy Foundation Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 11% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.