Lions Club Foundation of New Freedom

Analysis

Lions Club Foundation of New Freedom is a registered charity in United States, based in New Freedom, PA. It received its IRS tax-exemption ruling in September 2019, 7 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 July 2024, Lions Club Foundation of New Freedom reported income of $71k and spending of $79k, spending 112% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income grew from $63k to $71k (+13%), an average of +13% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lions Club Foundation of New Freedom sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Action Food Pantry Covina ($71k), St Vincent de Paul Salvage Bureau Inc ($71k) and Eustis Senior Citizens Center Inc ($71k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.