Wheaton Rescue Squad Inc

Analysis

Wheaton Rescue Squad Inc is a registered charity in United States, based in Wheaton, MD. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2024, Wheaton Rescue Squad Inc reported income of $1.3m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $909k to $1.3m (+47%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 85% 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, Wheaton Rescue Squad Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include West Central Florida Disasterservices Incorporated ($1.3m), Cambridge Valley Rescue Squad Incorporated ($1.3m) and Ayuda Legal Puerto Rico Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. It paid $42k in professional fundraising fees. At year end it held assets of $7.6m against liabilities of $2.0m, net assets of $5.5m.