Coleman Area Rescue Squad Inc

Analysis

Coleman Area Rescue Squad Inc is a registered charity in United States, based in Coleman, WI. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Coleman Area Rescue Squad Inc reported income of $390k and spending of $277k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $390k (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coleman Area Rescue Squad Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Fivepointville Ambulance Service ($390k), Southern Tier Regional Emergency Medical Services ($390k) and Aim Angels in Motion ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $4,135 (1.5% of expenses). Other salaries and wages came to $157k. At year end it held assets of $909k against liabilities of $3,433, net assets of $905k. It reported 28 employees.