Charlotte County Rescue Squad Inc

Analysis

Charlotte County Rescue Squad Inc is a registered charity in United States, based in Keysville, VA. It received its IRS tax-exemption ruling in December 1972, 54 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, Charlotte County Rescue Squad Inc reported income of $1.5m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $816k to $1.5m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 110% 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, Charlotte County Rescue Squad Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Regional Ems Inc ($1.5m), Magnolia Volunteer Fire Company ($1.5m) and Upper Nazareth Fire Department Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $954k. At year end it held assets of $321k against liabilities of $79k, net assets of $243k. It reported 35 employees.