Giles Life Saving and Rescue Squad Inc

Analysis

Giles Life Saving and Rescue Squad Inc is a registered charity in United States, based in Pearisburg, VA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Giles Life Saving and Rescue Squad Inc reported income of $77k and spending of $86k, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $272k to $77k (-72%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 446%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Giles Life Saving and Rescue Squad Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Town of Chelmsford Scholarship Fund Inc ($77k), Ronald Reagan Home and School Association Inc ($77k) and Caddo Career & Technology Center Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.