Terryville Lions Charities Inc

Analysis

Terryville Lions Charities Inc is a registered charity in United States, based in Terryville, CT. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Terryville Lions Charities Inc reported income of $654k and spending of $487k, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $507k to $654k (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 240%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Terryville Lions Charities Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Evas Heroes ($653k), Tri-Valley Volunteer Fire Department ($654k) and Harold E Eisenberg Foundation ($653k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 40% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.