Ettrick-Matoaca Rescue Squad Inc

Analysis

Ettrick-Matoaca Rescue Squad Inc is a registered charity in United States, based in S Chesterfld, VA. It received its IRS tax-exemption ruling in June 1986, 40 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, Ettrick-Matoaca Rescue Squad Inc reported income of $353k and spending of $494k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $353k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ettrick-Matoaca Rescue Squad Inc sits at the 63rd percentile: it is larger than about 63% 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 Citrus County Family Resource Center Inc ($353k), Adams Fire Company Inc ($353k) and Baraboo Community Scholarship Corporation ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $89k (18% of expenses). Other salaries and wages came to $37k. At year end it held assets of $808k against liabilities of $237k, net assets of $571k. It reported 9 employees.

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.