Ravena Rescue Squad Inc

Analysis

Ravena Rescue Squad Inc is a registered charity in United States, based in Ravena, NY. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Ravena Rescue Squad Inc reported income of $588k and spending of $742k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $588k (+22%), an average of +5.1% a year. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ravena Rescue Squad Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Crisis Nursery of Effingham County ($588k), Dysphagia Research Society Inc ($588k) and Marathon Area Volunteer Ambulance Corps Inc ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $55k (7.4% of expenses). Other salaries and wages came to $360k. At year end it held assets of $515k against liabilities of $0, net assets of $515k. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.