Kingsport Lifesaving Crew Inc

Analysis

Kingsport Lifesaving Crew Inc is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in April 1959, 67 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 December 2023, Kingsport Lifesaving Crew Inc reported income of $419k and spending of $380k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $419k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kingsport Lifesaving Crew Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Refuge House for Ladies Inc ($419k), Georgia School Counselor Association Inc ($419k) and Santa Cruz Local Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $2.0m against liabilities of $3,208, net assets of $2.0m.