Bassett Rescue Squad Incorporated

Analysis

Bassett Rescue Squad Incorporated is a registered charity in United States, based in Bassett, VA. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Bassett Rescue Squad Incorporated reported income of $361k and spending of $262k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $361k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bassett Rescue Squad Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Firefly Sisterhood ($361k), American Academy of Pediatrics Maine Chapter Inc ($361k) and Smithville Community Clinic ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 56% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.