Leonardtown Volunteer Rescue Squade Inc

Analysis

Leonardtown Volunteer Rescue Squade Inc is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in September 1981, 45 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 2023, Leonardtown Volunteer Rescue Squade Inc reported income of $715k and spending of $158k, leaving 78% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $459k to $715k (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Leonardtown Volunteer Rescue Squade Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Fellowship House Inc ($714k), Urban Health and Wellness ($715k) and Baker Gordon Educational Symposium Inc ($714k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $3.6m against liabilities of $4,011, net assets of $3.6m.