Thousand Islands Emergency Rescue Service Inc

Analysis

Thousand Islands Emergency Rescue Service Inc is a registered charity in United States, based in Clayton, NY. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Thousand Islands Emergency Rescue Service Inc reported income of $882k and spending of $1.1m, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $952k to $882k (-7.4%), an average of -2.5% a year. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Thousand Islands Emergency Rescue Service Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Hilltop Lakes Volunteer Fire Department Inc ($881k), Fire Department Mount Joy Inc ($887k) and East Side Volunteer Fire Protection Association Inc ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $74k (6.8% of expenses). Other salaries and wages came to $497k. At year end it held assets of $1.4m against liabilities of $42k, net assets of $1.3m. It reported 36 employees.