Western North Carolina Lions Inc

Analysis

Western North Carolina Lions Inc is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in January 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Western North Carolina Lions Inc reported income of $1.9m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.9m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 28%. 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, Western North Carolina Lions Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Valley Leadership Corporation ($1.9m), Charles Sherrod Community Development Corporation ($1.9m) and Great Shape Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 88% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.4m against liabilities of $195k, net assets of $1.2m.