Charleston County Volunteer Rescue Squad

Analysis

Charleston County Volunteer Rescue Squad is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2024, Charleston County Volunteer Rescue Squad reported income of $651k and spending of $554k, spending 85% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $544k to $651k (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 201%. Over the whole period it spent 90% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Charleston County Volunteer Rescue Squad sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Plymouth Fire Company 1 ($651k), Milan Volunteer Fire Department Inc ($651k) and Double Creek Volunteer Fire Department Inc ($651k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $296k, net assets of $1.6m.