Potsdam Volunteer Rescue Squad Inc

Analysis

Potsdam Volunteer Rescue Squad Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, Potsdam Volunteer Rescue Squad Inc reported income of $906k and spending of $949k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $906k (-16%), an average of -4.3% a year. The sharpest change came in the year to September 2023, when income dropped by 32%. Over the whole period it spent 77% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Potsdam Volunteer Rescue Squad Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Chenango Fire Company Inc ($906k), Victoria County Long Term Recovery Group ($908k) and Wintergarden Womens Shelter Inc ($903k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 82% of the total. Other salaries and wages came to $34k. At year end it held assets of $3.3m against liabilities of $261k, net assets of $3.0m. It reported 1 employees.