Northern Garrett County Rescue Squad Inc
Analysis
Northern Garrett County Rescue Squad Inc is a registered charity in United States, based in Grantsville, MD. It received its IRS tax-exemption ruling in February 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Northern Garrett County Rescue Squad Inc reported income of $486k and spending of $627k, spending 129% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $524k to $486k (-7.2%), an average of -1.9% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 107% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern Garrett County Rescue Squad Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Freedom Hooves Therapeutic Riding Center Inc ($486k), The Schreiber Research Group ($486k) and Recovery Avenue ($486k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 57% of the total. Other salaries and wages came to $184k. At year end it held assets of $2.4m against liabilities of $878k, net assets of $1.5m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 37%
- Program services 57%
- Other 5.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Freedom Hooves Therapeutic Riding Center Inc | Wichita | $486k |
| The Schreiber Research Group | Denver | $486k |
| Recovery Avenue | Las Cruces | $486k |
| Academia de Directores Medicos de Puerto Rico | San Juan | $486k |