Loudoun County Volunteer Rescue Squad Inc

Analysis

Loudoun County Volunteer Rescue Squad Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in July 1974, 52 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, Loudoun County Volunteer Rescue Squad Inc reported income of $1.1m and spending of $813k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.1m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loudoun County Volunteer Rescue Squad Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Career Development Incorporated ($1.1m), Brown County Senior Citizens Council ($1.1m) and Rufty-Holmes Senior Center ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 41% of the total. Other salaries and wages came to $47k. At year end it held assets of $7.0m against liabilities of $38k, net assets of $7.0m. It reported 1 employees.