Pownal Rescue Squad Incorporated

Analysis

Pownal Rescue Squad Incorporated is a registered charity in United States, based in Pownal, VT. It received its IRS tax-exemption ruling in November 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, Pownal Rescue Squad Incorporated reported income of $488k and spending of $744k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $488k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pownal Rescue Squad Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Art Start ($488k), Road Runners Club of America ($488k) and Little League Baseball Inc ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $113k (15% of expenses). Other salaries and wages came to $332k. At year end it held assets of $861k against liabilities of $179k, net assets of $682k. It reported 25 employees.