Millington Lions Club Foundation

Analysis

Millington Lions Club Foundation is a registered charity in United States, based in Millington, TN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Millington Lions Club Foundation reported income of $100k and spending of $151k, spending 150% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $47k to $100k (+112%), an average of +112% a year. The sharpest change came in the year to June 2024, when income rose by 112%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Millington Lions Club Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include Tri-County Excelsior Foundation ($100k), Way of the Cross ($100k) and Athens Soup Kitchen Inc ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.