Ridgeway District Rescue Squad Inc

Analysis

Ridgeway District Rescue Squad Inc is a registered charity in United States, based in Ridgeway, VA. It received its IRS tax-exemption ruling in October 1979, 47 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, Ridgeway District Rescue Squad Inc reported income of $289k and spending of $318k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $289k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ridgeway District Rescue Squad Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Volunteers of America Inc ($289k), Think Pink Rocks Inc ($289k) and Wescosville Volunteer Firemans Relief Association ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $269k against liabilities of $218k, net assets of $51k.

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.