Millboro Area Rescue Squad Inc

Analysis

Millboro Area Rescue Squad Inc is a registered charity in United States, based in Millboro, VA. It received its IRS tax-exemption ruling in March 2001, 25 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, Millboro Area Rescue Squad Inc reported income of $84k and spending of $108k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $84k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Millboro Area Rescue Squad Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Eunice Community Health Center ($84k), Faces of Change Inc ($84k) and Joliet Emergency Medical Service ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $315k against liabilities of $0, net assets of $315k.