Woodstock Rescue Squad Inc

Analysis

Woodstock Rescue Squad Inc is a registered charity in United States, based in Woodstock, VA. It received its IRS tax-exemption ruling in December 1978, 48 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 May 2023, Woodstock Rescue Squad Inc reported income of $219k and spending of $69k, leaving 69% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $700k to $219k (-69%), an average of -25% a year. The sharpest change came in the year to May 2023, when income dropped by 54%. Over the whole period it spent 96% 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, Woodstock 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 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Rankin Volunteer Fire Department ($219k), Three-G Volunteer Fire Company Inc ($219k) and Star Tannery Volunteer Fire Dept Inc ($219k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 93% and program service revenue 3.0% of the total. At year end it held assets of $577k against liabilities of $23k, net assets of $554k.