Lyons Emergency Assistance Fund Inc

Analysis

Lyons Emergency Assistance Fund Inc is a registered charity in United States, based in Lyons, CO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. 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 December 2023, Lyons Emergency Assistance Fund Inc reported income of $1.6m and spending of $528k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $658k to $1.6m (+148%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lyons Emergency Assistance Fund Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Maria Hall Inc ($1.6m), Fighter Country Foundation Inc ($1.6m) and Indian River Volunteer Fire Co Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $122k (23% of expenses). Other salaries and wages came to $110k. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m. It reported 5 employees.