Ocean City Paramedics Foundation Inc

Analysis

Ocean City Paramedics Foundation Inc is a registered charity in United States, based in Ocean City, MD. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ocean City Paramedics Foundation Inc reported income of $147k and spending of $127k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $147k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ocean City Paramedics Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Marshallese American Network for Interacting Together ($147k), Plains Community Library Board ($147k) and Cathedral Latin Alumni Association ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.