Mid Co Inc Volunteer Rescue Squad

Analysis

Mid Co Inc Volunteer Rescue Squad is a registered charity in United States, based in Heathsville, VA. It received its IRS tax-exemption ruling in January 2010, 16 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, Mid Co Inc Volunteer Rescue Squad reported income of $201k and spending of $110k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $201k (+152%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mid Co Inc Volunteer Rescue Squad sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Ohio Lions Eye Research Foundation ($201k), Foundation for a Cure for Mitochondrial Disease Inc ($201k) and Van Sciver Corporation ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $865k against liabilities of $0, net assets of $865k.