Madrid Rescue Squad Inc

Analysis

Madrid Rescue Squad Inc is a registered charity in United States, based in Madrid, NY. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Madrid Rescue Squad Inc reported income of $93k and spending of $85k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $93k (+40%), an average of +8.7% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Madrid Rescue Squad Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Keys 4 Relationships ($93k), Word to All International Incorporated ($93k) and NTTD Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. At year end it held assets of $268k against liabilities of $38k, net assets of $231k.