Bremerton Central Lions Charitable Foundation

Analysis

Bremerton Central Lions Charitable Foundation is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in November 1993, 33 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, Bremerton Central Lions Charitable Foundation reported income of $84k and spending of $140k, spending 166% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $107k to $84k (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2020, when income rose by 383%. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bremerton Central Lions Charitable Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Association Typographique Internationale Inc ($84k), Crowley Main Street ($85k) and Main Street Greenville Inc ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.