Lexington Park Volunteer Ambulance & Rescue Squad Inc

Analysis

Lexington Park Volunteer Ambulance & Rescue Squad Inc is a registered charity in United States, based in Lexington PK, MD. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2023, Lexington Park Volunteer Ambulance & Rescue Squad Inc reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+6.4%), an average of +1.6% a year. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lexington Park Volunteer Ambulance & Rescue Squad Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Foundation for Community Care of Richland County Inc ($1.3m), Jewish Federation of Pinellas & Pasco Counties FL Inc ($1.3m) and Washington Womens Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. It paid $16k in professional fundraising fees. At year end it held assets of $5.8m against liabilities of $2.7m, net assets of $3.1m.