Carthage Area Rescue Squad Inc

Analysis

Carthage Area Rescue Squad Inc is a registered charity in United States, based in Carthage, NY. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Carthage Area Rescue Squad Inc reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+2.9%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carthage Area Rescue Squad Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Isuroon ($1.5m), Life Challenge of Southeastern Michigan ($1.5m) and Southeastern Wake Adult Day Care Center ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $106k (8.1% of expenses). Other salaries and wages came to $584k. At year end it held assets of $1.0m against liabilities of $196k, net assets of $845k. It reported 48 employees.