Lions Automobilia Foundation

Analysis

Lions Automobilia Foundation is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lions Automobilia Foundation reported income of $2.2m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.7m to $2.2m (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lions Automobilia Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Talcott Mountain Science Center for Student Involvement Inc ($2.2m), Concert Artists Guild Inc ($2.2m) and Home for Contemporary Theatre and Art Ltd ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $199k (12% of expenses). Other salaries and wages came to $156k. At year end it held assets of $12.8m against liabilities of $108k, net assets of $12.7m. It reported 2 employees.