Medford Lakes Lions Charities Inc

Analysis

Medford Lakes Lions Charities Inc is a registered charity in United States, based in Medford Lakes, NJ. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 2023, Medford Lakes Lions Charities Inc reported income of $55k and spending of $49k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $55k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Medford Lakes Lions Charities Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include PTA Colorado Congress ($55k), Caritas Creek ($55k) and Hope Rescue ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.