Clintwood Volunteer Rescue Squad Inc

Analysis

Clintwood Volunteer Rescue Squad Inc is a registered charity in United States, based in Clintwood, VA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Clintwood Volunteer Rescue Squad Inc reported income of $319k and spending of $298k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $291k to $319k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Clintwood Volunteer Rescue Squad Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Bower Hill Volunteer Fire Dept of Scott Township ($318k), Middle Falls Fire Dept Inc ($319k) and Farmington Volunteer Fire Department ($317k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $19k (6.4% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.3m against liabilities of $7,458, net assets of $1.3m. It reported 17 employees.