Henderson County Rescue Squad

Analysis

Henderson County Rescue Squad is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 June 2024, Henderson County Rescue Squad reported income of $2.1m and spending of $1.9m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.1m (+83%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 28%. 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, Henderson County Rescue Squad sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Mercy House Inc ($2.1m), Transit System Inc ($2.1m) and Ymi Cultural Center Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.9% and program service revenue 86% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.2m against liabilities of $181k, net assets of $1.1m. It reported 44 employees.