Ladysmith Rescue Squad Incorporated

Analysis

Ladysmith Rescue Squad Incorporated is a registered charity in United States, based in Ladysmith, VA. It received its IRS tax-exemption ruling in June 1995, 31 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, Ladysmith Rescue Squad Incorporated reported income of $170k and spending of $92k, leaving 46% of income unspent that year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 14% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ladysmith Rescue Squad Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Childrens Development Center of Lima Inc ($170k), Central Valley Center for Community Advocacy Inc ($170k) and Hope4harper ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $5.4m against liabilities of $257, net assets of $5.4m.