Springtown Lions Club Inc

Analysis

Springtown Lions Club Inc is a registered charity in United States, based in Springtown, TX. It received its IRS tax-exemption ruling in September 2017, 9 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 2024, Springtown Lions Club Inc reported income of $573k and spending of $452k, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $194k to $573k (+195%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springtown Lions Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Greater Rochester Community Health Foundation ($573k), Faith Christian Academy ($573k) and Bakken Oil Rush Watford City Outreach ($573k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.2% and program service revenue 88% of the total. At year end it held assets of $593k against liabilities of $50k, net assets of $542k.