Lions Fire

Analysis

Lions Fire is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 2018, 8 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 December 2023, Lions Fire reported income of $94k and spending of $84k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $94k (+7.4%), an average of +7.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lions Fire sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Akeley Nevis Community Food Shelf ($94k), Ri Elder Info ($94k) and Lehigh County Sports Fields Association ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.