Poultney Rescue Squad Inc

Analysis

Poultney Rescue Squad Inc is a registered charity in United States, based in Poultney, VT. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Poultney Rescue Squad Inc reported income of $298k and spending of $273k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $298k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 119% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Poultney Rescue Squad Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 54th percentile within VT. Charities of a similar size with the same main cause include Cashtown Community Fire Co ($298k), Bridgewater Volunteer Rescue Squad Inc ($298k) and Bellwood Excelsior Firehall Volunteer Fire Dept ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Other salaries and wages came to $163k. At year end it held assets of $424k against liabilities of $60k, net assets of $364k. It reported 13 employees.