Canton Rescue Squad Inc

Analysis

Canton Rescue Squad Inc is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in November 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 March 2024, Canton Rescue Squad Inc reported income of $2.2m and spending of $2.2m, spending 103% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $616k to $2.2m (+252%), an average of +29% a year. The sharpest change came in the year to March 2020, when income rose by 221%. Over the whole period it spent 96% 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, Canton Rescue Squad Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Wilson Mills Fire Department Inc ($2.2m), Pinckneyville Ambulance Service ($2.2m) and Partners for Active Living ($2.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $833k, net assets of $1.4m. It reported 49 employees.