Waterford Rescue Squad Inc

Analysis

Waterford Rescue Squad Inc is a registered charity in United States, based in Waterford, NY. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover health care, 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 December 2023, Waterford Rescue Squad Inc reported income of $820k and spending of $787k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $682k to $820k (+20%), an average of +4.7% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Waterford Rescue Squad Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Palouse Care Network Inc ($820k), Let Every Woman Know - Alaska ($820k) and Association for Comprehensive Energy Psychology ($820k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $214k (27% of expenses). Other salaries and wages came to $274k. At year end it held assets of $500k against liabilities of $44k, net assets of $456k. It reported 18 employees.