Lions Center for the Visually Impaired Inc

Analysis

Lions Center for the Visually Impaired Inc is a registered charity in United States, based in Pittsburg, CA. It received its IRS tax-exemption ruling in January 1961, 65 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Center for the Visually Impaired Inc reported income of $660k and spending of $766k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $353k to $660k (+87%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lions Center for the Visually Impaired 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 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Auxiliary to Driscoll Childrens Hospital ($660k), Ronald McDonald House Charities of Marshfield Inc ($660k) and Touchstone Foundation Supporting Organization ($660k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $74k (9.7% of expenses). Other salaries and wages came to $303k. At year end it held assets of $691k against liabilities of $45k, net assets of $646k. It reported 9 employees.