Powhatan Volunteer Rescue Squad Inc

Analysis

Powhatan Volunteer Rescue Squad Inc is a registered charity in United States, based in Powhatan, VA. It received its IRS tax-exemption ruling in September 1973, 53 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, Powhatan Volunteer Rescue Squad Inc reported income of $103k and spending of $133k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $103k to $103k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Powhatan Volunteer Rescue Squad Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include St Clare Health Mission of Monroe County Inc ($103k), Alexs Army Childhood Cancer Foundation Inc ($103k) and Austin Galano Club ($102k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.