Penacook Civil Defense Rescue Squad

Analysis

Penacook Civil Defense Rescue Squad is a registered charity in United States, based in Boscawen, NH. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 March 2023, Penacook Civil Defense Rescue Squad reported income of $801k and spending of $786k, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $428k to $801k (+87%), an average of +17% a year. The sharpest change came in the year to March 2020, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penacook Civil Defense Rescue Squad sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within NH. Charities of a similar size with the same main cause include Plumbers & Pipefitters Local 162 Apprenticeship TR ($801k), Ballroom Basix USA Inc ($801k) and Global Network Foundation Inc Society of Intl Business Fellows ($801k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $51k (6.5% of expenses). Other salaries and wages came to $451k. At year end it held assets of $1.4m against liabilities of $237k, net assets of $1.2m. It reported 30 employees.