North Carolina Lions Incorporated

Analysis

North Carolina Lions Incorporated is a registered charity in United States, based in Sherrills FRD, NC. It received its IRS tax-exemption ruling in April 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, North Carolina Lions Incorporated reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.6m (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Carolina Lions Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Clinical Outcomes Group Incorporated ($1.6m), The Community Kitchen Inc ($1.6m) and Foodshed Capital ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 19% of the total. Other salaries and wages came to $511k. At year end it held assets of $6.9m against liabilities of $81k, net assets of $6.8m. It reported 38 employees.