Lions World Vision Institute Inc

Analysis

Lions World Vision Institute Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 1973, 53 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, Lions World Vision Institute Inc reported income of $30.0m and spending of $27.8m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $21.8m to $30.0m (+38%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lions World Vision Institute Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Los Barrios Unidos Community Clinic Inc ($29.9m), Blue Star Families Inc ($30.0m) and New England College of Optometry ($29.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $823k (3.0% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $38.5m against liabilities of $4.6m, net assets of $33.9m. It reported 171 employees.