Wallingford Rescue Inc

Analysis

Wallingford Rescue Inc is a registered charity in United States, based in Wallingford, VT. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2024, Wallingford Rescue Inc reported income of $169k and spending of $105k, leaving 38% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $80k to $169k (+111%), an average of +16% a year. The sharpest change came in the year to September 2023, when income rose by 64%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wallingford Rescue Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 40th percentile within VT. Charities of a similar size with the same main cause include The Foundation for Heart Mountain Free Clinic ($169k), Chestor House Inc ($169k) and Team Recovery Ohio Inc ($169k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 8.0% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $23k (22% of expenses). At year end it held assets of $620k against liabilities of $85k, net assets of $536k.