Davie Rescue Squad Inc

Analysis

Davie Rescue Squad Inc is a registered charity in United States, based in Mocksville, NC. It received its IRS tax-exemption ruling in February 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Davie Rescue Squad Inc reported income of $313k and spending of $319k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $313k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davie Rescue Squad Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Full Circle Elementary School Inc ($313k), Navy League of the United States National Headquarters ($313k) and Conway Inter-Church Housing Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $17k (5.4% of expenses). Other salaries and wages came to $30k. At year end it held assets of $590k against liabilities of $3,791, net assets of $586k. It reported 8 employees.