Odessa Downtown Lions Club Foundation Inc

Analysis

Odessa Downtown Lions Club Foundation Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Odessa Downtown Lions Club Foundation Inc reported income of $81k and spending of $32k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9,947 to $81k (+712%), an average of +69% a year. The sharpest change came in the year to June 2020, when income rose by 256%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Odessa Downtown Lions Club Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Crochet Guild of America ($81k), Chehalem Valley Soccer Club ($81k) and Armstrong Athletics ($81k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $375k against liabilities of $0, net assets of $375k.