Reidsville Rescue Squad Inc

Analysis

Reidsville Rescue Squad Inc is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in July 1970, 56 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 2024, Reidsville Rescue Squad Inc reported income of $146k and spending of $93k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $174k to $146k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reidsville Rescue Squad Inc sits at the 46th percentile: it is larger than about 46% 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 Frog Dog K9 Inc ($146k), Willamette Farm and Food Coalition ($146k) and Fresno Free College Foundation ($146k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $523k against liabilities of $0, net assets of $523k.