Altamont Rescue Squad Inc

Analysis

Altamont Rescue Squad Inc is a registered charity in United States, based in Delanson, NY. It received its IRS tax-exemption ruling in November 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Altamont Rescue Squad Inc reported income of $517k and spending of $652k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $574k to $517k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Altamont Rescue Squad Inc 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Pioneer Association of the State of Washington ($517k), The Kenton City Schools Excellence for Education Foundation ($517k) and Education Foundation Inc of Caldwell County ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Other salaries and wages came to $461k. At year end it held assets of $512k against liabilities of $0, net assets of $512k. It reported 28 employees.