Martinsville Rescue Squad Inc

Analysis

Martinsville Rescue Squad Inc is a registered charity in United States, based in Martinsville, NJ. It received its IRS tax-exemption ruling in May 1968, 58 years ago. 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, Martinsville Rescue Squad Inc reported income of $162k and spending of $154k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $162k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Martinsville Rescue Squad Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Little League Baseball Inc ($162k), We Care to Care Inc ($162k) and Bainbridge-Ometepe Sister Islands Association ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $772k against liabilities of $22k, net assets of $750k.