Is Internationl Association Of Lions Clubs Legit?

The International Association Of Lions Clubs, based in Peaks Island, ME, demonstrates a generally healthy financial position with consistent asset growth over the past decade, reaching $989,967 in the latest period. The organization's revenue has shown significant fluctuation, with a notable increase to $293,406 in 2023 from $115,791 in 2022, and a peak of $323,752 in the latest reported period. This volatility warrants attention to understand the sustainability of its funding sources. Spending efficiency appears strong, particularly in the 2023 period where expenses were $150,122 against revenues of $293,406, indicating a substantial surplus. Over the years, the organization has consistently spent less than its revenue, contributing to its growing asset base. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds. Transparency is bolstered by a consistent filing history of 13 IRS 990 forms, providing a clear financial record. The lack of reported officer compensation further enhances transparency by demonstrating that leadership is not drawing salaries from the organization's funds. While specific program spending details are not provided in the summary data, the overall financial health and consistent surplus generation suggest a well-managed organization.