Charles County Dive Rescue Inc

Analysis

Charles County Dive Rescue Inc is a registered charity in United States, based in Pomfret, MD. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charles County Dive Rescue Inc reported income of $435k and spending of $277k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $435k (+7.3%), an average of +1.8% a year. Over the whole period it spent 85% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Charles County Dive Rescue Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Lakeview Fire Protection District ($435k), West Point Volunteer Fire Depatment Inc ($435k) and Milford Township Vol Fire Co 1 ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $1.5m against liabilities of $903k, net assets of $633k.