Lions Foundation of Arizona Inc

Analysis

Lions Foundation of Arizona Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1962, 64 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Lions Foundation of Arizona Inc reported income of $305k and spending of $1.2m, spending 398% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $305k (-85%), an average of -38% a year. The sharpest change came in the year to June 2022, when income rose by 515%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lions Foundation of Arizona Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Lifeskills Industries Inc ($305k), Vision Brooking Foundation ($305k) and Cohabitat Foundation ($304k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.