Walkersville Volunteer Rescue Co Inc

Analysis

Walkersville Volunteer Rescue Co Inc is a registered charity in United States, based in Walkersville, MD. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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, Walkersville Volunteer Rescue Co Inc reported income of $667k and spending of $458k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $453k to $667k (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walkersville Volunteer Rescue Co Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Franciscan Mountain Retreat Inc ($667k), Lexington Ballet Company Inc ($667k) and True Light Christian School ($667k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 23% of the total. It paid $8,908 in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $924k, net assets of $1.5m.