Elkin Emergency Rescue Squad Inc

Analysis

Elkin Emergency Rescue Squad Inc is a registered charity in United States, based in Elkin, NC. It received its IRS tax-exemption ruling in November 1970, 56 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 June 2023, Elkin Emergency Rescue Squad Inc reported income of $237k and spending of $69k, leaving 71% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $173k to $237k (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elkin Emergency Rescue Squad Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Aspire Services Center ($237k), Hyp Plus Access Inc ($237k) and Dreams Foundation of Acadiana ($236k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $150 (0.2% of expenses). It paid $2,560 in professional fundraising fees. At year end it held assets of $932k against liabilities of $61k, net assets of $871k.