Independence Emergency Squad Inc

Analysis

Independence Emergency Squad Inc is a registered charity in United States, based in Whitesville, NY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2024, Independence Emergency Squad Inc reported income of $57k and spending of $58k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $115k to $57k (-51%), an average of -30% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Independence Emergency Squad Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Morrill County Hospital Foundation ($57k), Baptist Lutheran Medical Center Auxiliary Inc ($57k) and E Z Duzit Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 81% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.