Fort Edward Rescue Squad Inc

Analysis

Fort Edward Rescue Squad Inc is a registered charity in United States, based in Fort Edward, NY. It received its IRS tax-exemption ruling in January 1958, 68 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 February 2023, Fort Edward Rescue Squad Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 4 years on record, from February 2020 to February 2023, income grew from $712k to $1.1m (+57%), an average of +16% a year. The sharpest change came in the year to February 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fort Edward Rescue Squad Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include The Flanders Northampton Volunteer Ambulance Company Inc ($1.1m), Soft Power Health TR ($1.1m) and Community Links ($1.1m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 1.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $102k (9.2% of expenses). Other salaries and wages came to $304k. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $623k. It reported 32 employees.