Elite Lions Club of Los Angeles

Analysis

Elite Lions Club of Los Angeles is a registered charity in United States, based in Diamond Bar, CA. It received its IRS tax-exemption ruling in December 1940, 86 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2024, Elite Lions Club of Los Angeles reported income of $61k and spending of $76k, spending 124% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $101k to $61k (-39%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Elite Lions Club of Los Angeles sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include John H Burkhart Jr Charitable Trust Uw ($61k), Bland Cares Foundation ($61k) and Cherryland Electric Community Caring Fund Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 0.7% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.