Floyd County Life Saving and First Aid Squad Incorporated

Analysis

Floyd County Life Saving and First Aid Squad Incorporated is a registered charity in United States, based in Floyd, VA. It received its IRS tax-exemption ruling in June 2023, 3 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 June 2023, Floyd County Life Saving and First Aid Squad Incorporated reported income of $133k and spending of $211k, spending 159% of what it took in. Across the 2 years on record, from June 2018 to June 2023, income fell from $180k to $133k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 135% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Floyd County Life Saving and First Aid Squad Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Bounce Out the Stigma Project Inc ($133k), Michael Matters Foundation Inc ($133k) and X Out Ald Inc ($133k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.