Heart of a Lion Foundation Inc

Analysis

Heart of a Lion Foundation Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart of a Lion Foundation Inc reported income of $1.8m and spending of $1.4m, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $367k to $1.8m (+388%), an average of +70% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart of a Lion Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include The Housing Fellowship ($1.8m), National Hispanic Council on Aging ($1.8m) and YWCA of Southeastern Massachuetts ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $431k (32% of expenses). At year end it held assets of $68k against liabilities of $68k, net assets of $0. It reported 3 employees.