Lakeside Chapter of National Ambucs

Analysis

Lakeside Chapter of National Ambucs is a registered charity in United States, based in Rowlett, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Lakeside Chapter of National Ambucs reported income of $83k and spending of $45k, leaving 46% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $42k to $83k (+95%), an average of +95% a year. The sharpest change came in the year to May 2024, when income rose by 95%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeside Chapter of National Ambucs sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include South Carolina Advocates for Agriculture ($83k), Victory Christian Ministries of Bradenton Inc ($83k) and Project Inasmuch ($83k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.