Tennessee Lions Charities Inc

Analysis

Tennessee Lions Charities Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Tennessee Lions Charities Inc reported income of $297k and spending of $222k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $166k to $297k (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 2209%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tennessee Lions Charities Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include William Byrd Boosters Club Inc ($297k), Mt Angel Community Foundation ($297k) and United for Turkey Inc ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $28k (13% of expenses). Other salaries and wages came to $58k. At year end it held assets of $2.2m against liabilities of $9,779, net assets of $2.2m. It reported 3 employees.