Hollywood Volunteer Resque Squad Inc

Analysis

Hollywood Volunteer Resque Squad Inc is a registered charity in United States, based in Hollywood, MD. It received its IRS tax-exemption ruling in March 2024, 2 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, Hollywood Volunteer Resque Squad Inc reported income of $237k and spending of $318k, spending 134% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $373k to $237k (-36%), an average of -8.7% a year. The sharpest change came in the year to June 2023, when income dropped by 42%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hollywood Volunteer Resque Squad Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include New Life Crisis Pregnancy Center Inc ($237k), PHS Interlude Fridley LLC ($237k) and Martin County Substance Abuse Prevention Coalition ($237k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 156% and program service revenue 0.4% of the total. At year end it held assets of $1.9m against liabilities of $94k, net assets of $1.9m.