Lynchburg Life Saving & First Aid Crew Inc

Analysis

Lynchburg Life Saving & First Aid Crew Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in November 1950, 76 years ago. 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, Lynchburg Life Saving & First Aid Crew Inc reported income of $89k and spending of $248k, spending 278% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $163k to $89k (-45%), an average of -18% a year. The sharpest change came in the year to June 2023, when income rose by 130%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lynchburg Life Saving & First Aid Crew Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Little League Baseball Inc ($89k), Boss Summit ($89k) and Orcutt Polo Association ($89k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $542k against liabilities of $0, net assets of $542k.