Western Albermarle Rescue Squad Inc

Analysis

Western Albermarle Rescue Squad Inc is a registered charity in United States, based in Crozet, VA. It received its IRS tax-exemption ruling in April 1980, 46 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 June 2023, Western Albermarle Rescue Squad Inc reported income of $475k and spending of $470k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $530k to $475k (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2020, when income rose by 113%. Over the whole period it spent 173% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Albermarle Rescue Squad Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include St Marys Housing Corporation Inc ($475k), Child Care Center ($475k) and Patriot Resilient Leader Institute ($475k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.1m against liabilities of $15k, net assets of $1.0m.