The Loudoun Medical Group Charitable Foundation

Analysis

The Loudoun Medical Group Charitable Foundation is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, The Loudoun Medical Group Charitable Foundation reported income of $119k and spending of $98k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $119k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 80% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, The Loudoun Medical Group Charitable Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Double Island Volunteer Fire Department Inc ($119k), Chittenden Volunteer Fire Department Inc ($120k) and The Country Volunteer Fire Department Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 154% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.