Hardwick Emergency Rescue Squad Inc

Analysis

Hardwick Emergency Rescue Squad Inc is a registered charity in United States, based in Hardwick, VT. It received its IRS tax-exemption ruling in September 1974, 52 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, Hardwick Emergency Rescue Squad Inc reported income of $485k and spending of $341k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $485k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hardwick Emergency Rescue Squad Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Chester County Art Association ($485k), Brooklyn Park Athletic Association Inc ($485k) and Seeds Family Worship Inc ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $124k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 7 employees.