Mechanicsville Volunteer Rescue Squad Inc

Analysis

Mechanicsville Volunteer Rescue Squad Inc is a registered charity in United States, based in Mechanicsvlle, MD. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Mechanicsville Volunteer Rescue Squad Inc reported income of $708k and spending of $465k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $472k to $708k (+50%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 70% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Mechanicsville Volunteer Rescue Squad Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Smithfield Volunteer Fire Department Incorporated ($708k), Michigan Rural Ems Network ($709k) and The Kent Volunteer Fire Department Inc ($704k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.1m against liabilities of $2,225, net assets of $2.1m.