Lawrenceburg Lions Homes Inc

Analysis

Lawrenceburg Lions Homes Inc is a registered charity in United States, based in Lawrenceburg, TN. It received its IRS tax-exemption ruling in April 1989, 37 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 December 2023, Lawrenceburg Lions Homes Inc reported income of $530k and spending of $488k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $422k to $530k (+26%), an average of +5.8% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawrenceburg Lions Homes Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include El Primer Paso Ltd ($530k), Holland Community Hospital Authority Self Insurance Fund ($530k) and PTA New York Congress ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. At year end it held assets of $1.1m against liabilities of $1.5m, net assets of -$365k.