Lions Roar Foundation

Analysis

Lions Roar Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Lions Roar Foundation reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.9m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lions Roar Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile. Charities of a similar size with the same main cause include Educational Opportunities Inc ($2.9m), Reform America ($2.9m) and Believers Faith Outreach Ministries South Florida Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $165k (5.8% of expenses). Other salaries and wages came to $875k. At year end it held assets of $808k against liabilities of $1.1m, net assets of -$285k.