Lao Lions Club Foundation

Analysis

Lao Lions Club Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lao Lions Club Foundation reported income of $286k and spending of $227k, leaving 20% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $276k to $286k (+3.6%), an average of +1.8% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lao Lions Club Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Waterloo Joint Apprenticeship Training Trust ($286k), School of the Blessed Sacrament Parents Association ($286k) and Scotts Valley High School Falcon Club ($286k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.