Putnam County Rescue Squad Inc

Analysis

Putnam County Rescue Squad Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in July 2009, 17 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 June 2023, Putnam County Rescue Squad Inc reported income of $74k and spending of $72k, spending 97% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $292k to $74k (-75%), an average of -50% a year. The sharpest change came in the year to June 2022, when income dropped by 72%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam County Rescue Squad Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Mamaroneck Emergency Medical Service Inc ($74k), Friends of Manchester Trees ($74k) and Volunteer Caregivers Inc ($74k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $377k against liabilities of $0, net assets of $377k.