Pound Rescue Squad Inc

Analysis

Pound Rescue Squad Inc is a registered charity in United States, based in Pound, VA. It received its IRS tax-exemption ruling in October 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, Pound Rescue Squad Inc reported income of $69k and spending of $105k, spending 153% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $279k to $69k (-75%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pound Rescue Squad Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Endowment Fund of St Timothys Episcopal Church ($69k), Horticultural Alliance of the Hamptons Ltd ($69k) and Southwest Virginia Veterans Cemetery Volunteers ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.