Nickelsville Rescue Squad Incorporated

Analysis

Nickelsville Rescue Squad Incorporated is a registered charity in United States, based in Nickelsville, VA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Nickelsville Rescue Squad Incorporated reported income of $387k and spending of $397k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $387k (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 145%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nickelsville Rescue Squad Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Psychoanalytic Center of Philadelphia ($386k), Brain Support Network ($387k) and LA Maida Project ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $269k. At year end it held assets of $166k against liabilities of $12k, net assets of $154k. It reported 14 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.