Glasgow Life Saving & First Aid Crew Inc

Analysis

Glasgow Life Saving & First Aid Crew Inc is a registered charity in United States, based in Glasgow, VA. It received its IRS tax-exemption ruling in January 1958, 68 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, Glasgow Life Saving & First Aid Crew Inc reported income of $212k and spending of $409k, spending 193% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $212k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glasgow Life Saving & First Aid Crew Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include The Ramona Soccer League ($212k), The Bidwell House Inc ($212k) and Safety Forces Support Center ($212k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $733k against liabilities of $164k, net assets of $569k.