Burke County Rescue Squadron Inc

Analysis

Burke County Rescue Squadron Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in May 1962, 64 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 June 2023, Burke County Rescue Squadron Inc reported income of $145k and spending of $63k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $118k to $145k (+22%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burke County Rescue Squadron Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Kent Historical Society Inc ($145k), The East Andover Village Pre-School ($145k) and Little League Baseball Inc ($145k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $254k against liabilities of $65k, net assets of $189k.