Ridge Volunteer Rescue Squad Inc

Analysis

Ridge Volunteer Rescue Squad Inc is a registered charity in United States, based in Ridge, MD. It received its IRS tax-exemption ruling in May 1981, 45 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, Ridge Volunteer Rescue Squad Inc reported income of $238k and spending of $221k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $190k to $238k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ridge Volunteer Rescue 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 Diabetes Community Care Team ($238k), Missouri Behavioral Health Counseling Associates ($238k) and I I District Kiwanis Neuroscience Research Foundation ($238k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $655k against liabilities of $73k, net assets of $582k.