Osgood Area Life Squad Inc

Analysis

Osgood Area Life Squad Inc is a registered charity in United States, based in Osgood, OH. It received its IRS tax-exemption ruling in October 1981, 45 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, Osgood Area Life Squad Inc reported income of $70k and spending of $25k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $70k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Osgood Area Life Squad Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Golden Key Prison Ministry Inc ($70k), Windsor Volunteer Rescue Squad Inc ($70k) and Code 3 Response ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 27% of the total. At year end it held assets of $499k against liabilities of $0, net assets of $499k.