Clear Lake Emergency Medical Corps

Analysis

Clear Lake Emergency Medical Corps is a registered charity in United States, based in Dickinson, TX. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Clear Lake Emergency Medical Corps reported income of $1.6m and spending of $2.3m, spending 142% of what it took in. Across the 3 years on record, from September 2019 to September 2022, income fell from $2.4m to $1.6m (-33%), an average of -18% a year. The sharpest change came in the year to September 2021, when income dropped by 23%. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clear Lake Emergency Medical Corps sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Northeast Regional Early Intervention Collaborative Inc ($1.6m), American Society of Cytopathology ($1.6m) and Rural Behavioral Health Institute ($1.6m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $733k against liabilities of $238k, net assets of $495k. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.