Los Gatos Lions Charities Inc
Analysis
Los Gatos Lions Charities Inc is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Los Gatos Lions Charities Inc reported income of $115k and spending of $91k, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $120k to $115k (-3.8%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 83% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Gatos Lions Charities Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Soccer Association for Youth ($115k), National Ambucs Inc ($115k) and Cosmo and Lewis Estates Inc ($115k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $3,000 (3.3% of expenses). At year end it held assets of $214k against liabilities of $125, net assets of $214k.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Other 66%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Soccer Association for Youth | Chesapeake | $115k |
| National Ambucs Inc | Lititz | $115k |
| Cosmo and Lewis Estates Inc | Raleigh | $115k |
| Creative Ministries Inc | Kill Devil HL | $115k |