Malvern Volunteer Rescueinc

Analysis

Malvern Volunteer Rescueinc is a registered charity in United States, based in Malvern, IA. It received its IRS tax-exemption ruling in January 1985, 41 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, Malvern Volunteer Rescueinc reported income of $194k and spending of $125k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $194k (-8.0%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Malvern Volunteer Rescueinc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include International Abba Ministries ($194k), Trinity Housing Group Home ($194k) and Gogebic Range Health Foundation ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 55% of the total. At year end it held assets of $427k against liabilities of $1,408, net assets of $426k.