Southern Garrett County Rescue Squad Inc

Analysis

Southern Garrett County Rescue Squad Inc is a registered charity in United States, based in Oakland, MD. It received its IRS tax-exemption ruling in September 1973, 53 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 December 2023, Southern Garrett County Rescue Squad Inc reported income of $985k and spending of $653k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $703k to $985k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Garrett County Rescue Squad Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Jeffries Family Scholarship ($985k), Future Famers of America ($985k) and Berlin Fire Company Inc ($985k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 50% of the total. Other salaries and wages came to $9,280. At year end it held assets of $6.0m against liabilities of $20k, net assets of $5.9m. It reported 2 employees.