Waltham Lions Charitable Foundation Inc

Analysis

Waltham Lions Charitable Foundation Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in June 2006, 20 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Waltham Lions Charitable Foundation Inc reported income of $101k and spending of $68k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $75k to $101k (+35%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Waltham Lions Charitable Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Friendship Home Foundation ($101k), Womenaid of Greater Portsmouth ($101k) and National Charity League Buckhead Prospective Chapter ($101k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.