Lions Float Inc

Analysis

Lions Float Inc is a registered charity in United States, based in Huntington Beach, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 January 2024, Lions Float Inc reported income of $193k and spending of $186k, spending 97% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $112k to $193k (+72%), an average of +15% a year. The sharpest change came in the year to January 2022, when income rose by 222%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lions Float Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Veahavta ($193k), Alliance for a Sustainable Amazon Inc ($193k) and One Common Thread ($193k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $34k against liabilities of $100, net assets of $34k.