Lions Elite Association Inc

Analysis

Lions Elite Association Inc is a registered charity in United States, based in Coram, NY. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Lions Elite Association Inc reported income of $519k and spending of $413k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $52k to $519k (+904%), an average of +904% a year. The sharpest change came in the year to December 2022, when income rose by 904%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lions Elite Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Top Gun Fastpitch Inc ($519k), Redbirds Organization Inc ($519k) and Kosciusko County Community Fair Inc ($519k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.