Goodman Armstrong Rescue Squad Inc

Analysis

Goodman Armstrong Rescue Squad Inc is a registered charity in United States, based in Goodman, WI. It received its IRS tax-exemption ruling in April 1976, 50 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, Goodman Armstrong Rescue Squad Inc reported income of $201k and spending of $195k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $201k (+3.8%), an average of +3.8% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goodman Armstrong Rescue Squad Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Baltimore and Ohio Railroad Historical Society ($201k), Volunteers of America Inc ($201k) and Pomeroy Living History Farm ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 60% of the total. Other salaries and wages came to $50k. At year end it held assets of $455k against liabilities of $4,384, net assets of $451k. It reported 7 employees.