Blacksburg Volunteer Rescue Squad

Analysis

Blacksburg Volunteer Rescue Squad is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in March 2000, 26 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 June 2023, Blacksburg Volunteer Rescue Squad reported income of $387k and spending of $299k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $258k to $387k (+50%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 69% 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, Blacksburg Volunteer Rescue Squad sits at the 78th percentile: it is larger than about 78% 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 Brocks Mill Rural Fire Department ($387k), West Point Volunteer Fire Company ($387k) and South Edgecombe Rural Fire Department ($387k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 43% of the total. At year end it held assets of $2.2m against liabilities of $28k, net assets of $2.1m.