Lakes Region Ems Inc

Analysis

Lakes Region Ems Inc is a registered charity in United States, based in North Branch, MN. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakes Region Ems Inc reported income of $9.6m and spending of $8.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $9.6m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakes Region Ems Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Bridge Counseling Associates Inc ($9.6m), Neighborhood Health Centers of the Lehigh Valley ($9.6m) and Stella Maris Inc ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $662k (7.7% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $10.8m against liabilities of $1.2m, net assets of $9.6m. It reported 99 employees.