Paramedic Foundation

Analysis

Paramedic Foundation is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 June 2024, Paramedic Foundation reported income of $372k and spending of $335k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $222k to $372k (+67%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 127%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paramedic Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Corpus Christi Ballet ($372k), Reaching Everyone Preventing Suicide Inc ($372k) and West Hartford Community TV Inc ($372k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.