Minster Area Life Squad Inc

Analysis

Minster Area Life Squad Inc is a registered charity in United States, based in Minster, OH. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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, Minster Area Life Squad Inc reported income of $298k and spending of $214k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $298k (+10%), an average of +2.4% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minster Area Life Squad Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Wheatfield Housing Development Fund Company Inc ($298k), Camp Fire ($298k) and New Harmony Workingmens Institute ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 79% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.1m against liabilities of $8,227, net assets of $1.1m. It reported 1 employees.