The Clear Spring Ambulance Club Inc

Analysis

The Clear Spring Ambulance Club Inc is a registered charity in United States, based in Clear Spring, MD. It received its IRS tax-exemption ruling in May 1993, 33 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 December 2023, The Clear Spring Ambulance Club Inc reported income of $768k and spending of $857k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $882k to $768k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Clear Spring Ambulance Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Rocky Mountain Down Syndrome Association Inc ($768k), Project Rozana USA Inc ($768k) and Hopenet Inc ($768k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Other salaries and wages came to $439k. At year end it held assets of $1.3m against liabilities of $29k, net assets of $1.3m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.