Falling Spring Rescue Squadincorporated

Analysis

Falling Spring Rescue Squadincorporated is a registered charity in United States, based in Covington, VA. It received its IRS tax-exemption ruling in March 2008, 18 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 (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, Falling Spring Rescue Squadincorporated reported income of $80k and spending of $58k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $80k (-5.8%), an average of -5.8% a year. Over the whole period it spent 68% 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, Falling Spring Rescue Squadincorporated sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Cayce Public Safety Foundation ($80k), Woodstock Public Safety Foundation Inc ($80k) and Hall at North Point Edgemere Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.