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Sacopee Rescue Unit Inc

RegisteredEIN 01-0345195Parsonsfield, MEOther charitable purposes
Income$1.0m2023-12
Spending$913ksame year
Spent / received91%5-year average
Size in its cause78th pctOther charitable purposes
Exempt since1982Publicly supported organisat
Employees30latest return

Analysis

Sacopee Rescue Unit Inc is a registered charity in United States, based in Parsonsfield, ME. It received its IRS tax-exemption ruling in May 1982, 44 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, Sacopee Rescue Unit Inc reported income of $1.0m and spending of $913k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $1.0m (+202%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacopee Rescue Unit Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within ME. Charities of a similar size with the same main cause include WM L Wetzel Memorial Osteopathic Educational & Research Foundation ($1.0m), Fresh Start Ministries of Central Florida Inc ($1.0m) and Spectrios Institute for Low Vision ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Other salaries and wages came to $602k. At year end it held assets of $566k against liabilities of $57k, net assets of $510k. It reported 30 employees.

Income and spending

$0$253k$506k$759k$1.0m2019 Income: $335,5752019 Spending: $384,62120192020 Income: $459,0572020 Spending: $455,65520202021 Income: $537,1282021 Spending: $483,44220212022 Income: $882,6842022 Spending: $699,36720222023 Income: $1,012,0712023 Spending: $913,4932023
IncomeSpending

Where the income comes from

  • Contributions & grants 39%
  • Program services 60%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
WM L Wetzel Memorial Osteopathic Educational & Research FoundationJefferson City$1.0m
Fresh Start Ministries of Central Florida IncOrlando$1.0m
Spectrios Institute for Low VisionWheaton$1.0m
Canyons Aquatic Club IncValencia$1.0m