Luray Volunteer Resque Squad Inc

Analysis

Luray Volunteer Resque Squad Inc is a registered charity in United States, based in Luray, VA. It received its IRS tax-exemption ruling in March 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 December 2023, Luray Volunteer Resque Squad Inc reported income of $161k and spending of $185k, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $99k to $161k (+63%), an average of +10% a year. The sharpest change came in the year to December 2019, when income rose by 186%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Luray Volunteer Resque Squad Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Farm Bureau Foundation ($161k), Chadds Ford Historical Society ($161k) and Lamoure Lions ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 22% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.