Halifax County Rescue Squad Incorporated

Analysis

Halifax County Rescue Squad Incorporated is a registered charity in United States, based in South Boston, VA. It received its IRS tax-exemption ruling in July 1974, 52 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, Halifax County Rescue Squad Incorporated reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 26%. 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, Halifax County Rescue Squad Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Bradbury-Sullivan LGBT Community Center ($1.7m), Friends of the Homeless of the South Shore Inc ($1.7m) and Warrington Community Ambulance Corp ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Other salaries and wages came to $917k. At year end it held assets of $940k against liabilities of $0, net assets of $940k. It reported 30 employees.