Grand Isle Rescue Inc

Analysis

Grand Isle Rescue Inc is a registered charity in United States, based in Grand Isle, VT. It received its IRS tax-exemption ruling in June 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grand Isle Rescue Inc reported income of $442k and spending of $193k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $166k to $442k (+167%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 122%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grand Isle Rescue Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include Nami Greater Orlando Inc ($442k), Health Information Network Inc ($442k) and Recovery Zone ($442k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.0m against liabilities of $1,596, net assets of $1.0m. It reported 6 employees.