Denver Lions Foundation

Analysis

Denver Lions Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1954, 72 years ago. 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 2023, Denver Lions Foundation reported income of $62k and spending of $510k, spending 817% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $85k to $62k (-27%), an average of -7.4% a year. The sharpest change came in the year to June 2020, when income rose by 1652%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denver Lions Foundation 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 25th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Butler-Freeport Community Trail Council Inc ($62k), Mary F Sneidman Trust Uw 8020 ($62k) and Gospel Ventures Inc ($62k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $3.0m against liabilities of $31k, net assets of $2.9m.