Lions Memorial Scholarship Fund Inc

Analysis

Lions Memorial Scholarship Fund Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lions Memorial Scholarship Fund Inc reported income of $55k and spending of $43k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $55k (+5.7%), an average of +5.7% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lions Memorial Scholarship Fund Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include South Asian American Association Inc ($55k), Family House Learning Center ($55k) and Dunbar Volleyball Boosters Club Inc ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.