Larche Frederick Maryland Inc

Analysis

Larche Frederick Maryland Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in September 2015, 11 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 June 2024, Larche Frederick Maryland Inc reported income of $176k and spending of $230k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $5,570 to $176k (+3055%), an average of +137% a year. The sharpest change came in the year to June 2021, when income rose by 1608%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Larche Frederick Maryland Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Kings View Foundation ($176k), Hooked on Hope VB ($176k) and Berthold Ambulance Service Inc ($176k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $133k. At year end it held assets of $567k against liabilities of $354k, net assets of $213k. It reported 2 employees.