Spencer Rescue & Emergency Squad Inc 44 Maple St

Analysis

Spencer Rescue & Emergency Squad Inc 44 Maple St is a registered charity in United States, based in Spencer, MA. It received its IRS tax-exemption ruling in January 1977, 49 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, Spencer Rescue & Emergency Squad Inc 44 Maple St reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spencer Rescue & Emergency Squad Inc 44 Maple St sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Foundation for Urban Health and Well Being ($1.6m), Upper Valley Ambulance Inc ($1.6m) and Global Center for Medical Innovation Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Other salaries and wages came to $763k. At year end it held assets of $1.7m against liabilities of $490k, net assets of $1.2m. It reported 35 employees.