Lake Anna Rescue Inc

Analysis

Lake Anna Rescue Inc is a registered charity in United States, based in Bumpass, VA. It received its IRS tax-exemption ruling in January 1999, 27 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 June 2023, Lake Anna Rescue Inc reported income of $65k and spending of $115k, spending 177% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $184k to $65k (-65%), an average of -29% a year. The sharpest change came in the year to June 2021, when income dropped by 68%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lake Anna Rescue Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Step by Step Foundation Inc ($65k), Small Miracles Inc ($65k) and Eastern New York Region of Na Inc ($65k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $783k against liabilities of $0, net assets of $783k.