Essex Rescue Inc

Analysis

Essex Rescue Inc is a registered charity in United States, based in Essex JCT, VT. It received its IRS tax-exemption ruling in April 1972, 54 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, Essex Rescue Inc reported income of $1.6m and spending of $1.4m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.6m (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Essex Rescue Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within VT. Charities of a similar size with the same main cause include Womens Dermatologic Society ($1.6m), Covenant Services Inc ($1.6m) and Hope Connections for Cancer Support Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $110k (8.0% of expenses). Other salaries and wages came to $561k. At year end it held assets of $2.3m against liabilities of $5,341, net assets of $2.3m. It reported 21 employees.