The Salem Rescue Squad Incorporated

Analysis

The Salem Rescue Squad Incorporated is a registered charity in United States, based in Salem, NY. It received its IRS tax-exemption ruling in March 2009, 17 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 (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, The Salem Rescue Squad Incorporated reported income of $433k and spending of $272k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $433k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 83% 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, The Salem Rescue Squad Incorporated 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 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Guilford Volunteer Fire Department Inc ($432k), Saxton Volunteer Fire Company ($433k) and One World Strong Foundation Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $105k. At year end it held assets of $718k against liabilities of $3,422, net assets of $714k. It reported 5 employees.