New Paltz Rescue Squad Inc

Analysis

New Paltz Rescue Squad Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in May 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Paltz Rescue Squad Inc reported income of $2.0m and spending of $1.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Paltz Rescue Squad Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include American Board of Periodontology Inc ($2.0m), Phare Bio Inc ($2.0m) and Bread of Healing Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $302k (16% of expenses). Other salaries and wages came to $932k. At year end it held assets of $957k against liabilities of $336k, net assets of $621k. It reported 50 employees.