Milford Lions Club Service Foundation Inc

Analysis

Milford Lions Club Service Foundation Inc is a registered charity in United States, based in Milford, DE. It received its IRS tax-exemption ruling in October 1995, 31 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, Milford Lions Club Service Foundation Inc reported income of $165k and spending of $145k, spending 88% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $331k to $165k (-50%), an average of -21% a year. The sharpest change came in the year to June 2024, when income rose by 238%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Milford Lions Club Service Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 44th percentile within DE. Charities of a similar size with the same main cause include Mifflinburg Area Community Scholarship Trust Inc ($165k), Altadena Recovery Center ($165k) and Glorious Foundation Inc ($165k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.