Lionheart Incorporated

Analysis

Lionheart Incorporated is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Lionheart Incorporated reported income of $1.8m and spending of $1.6m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $930k to $1.8m (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lionheart Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Big Brothers-Big Sisters of East Tennessee ($1.8m), Boys Clubs of Brazos County Inc ($1.8m) and Northern Youth Programs of Minnesota Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $782k. At year end it held assets of $839k against liabilities of $0, net assets of $839k. It reported 40 employees.