Damascus Volunteer Rescue Squad Inc

Analysis

Damascus Volunteer Rescue Squad Inc is a registered charity in United States, based in Damascus, VA. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2022, Damascus Volunteer Rescue Squad Inc reported income of $349k and spending of $345k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $295k to $349k (+18%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 96% 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, Damascus Volunteer Rescue Squad Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Kings Creek Volunteer Fire Dept ($349k), Shingle Hollow Fire Dept ($350k) and Friends of Nathaniel Witherell Inc ($349k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 55% of the total. Other salaries and wages came to $210k. At year end it held assets of $649k against liabilities of $2,017, net assets of $647k. It reported 17 employees.