Big Stone Gap Rescue Squad Inc

Analysis

Big Stone Gap Rescue Squad Inc is a registered charity in United States, based in Big Stone Gap, VA. It received its IRS tax-exemption ruling in February 1984, 42 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 December 2023, Big Stone Gap Rescue Squad Inc reported income of $361k and spending of $269k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $361k (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 19%. 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, Big Stone Gap Rescue Squad Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Scottish Rite Foundation of South Carolina Inc ($361k), Georgia Young Farmers Association Inc ($361k) and Bozeman Swimming Club ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $168k (63% of expenses). At year end it held assets of $516k against liabilities of $0, net assets of $516k. It reported 6 employees.