Smith River Rescue Squad Inc

Analysis

Smith River Rescue Squad Inc is a registered charity in United States, based in Woolwine, VA. It received its IRS tax-exemption ruling in May 2010, 16 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 2023, Smith River Rescue Squad Inc reported income of $64k and spending of $93k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $64k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 92% 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, Smith River 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 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Catawba Island Volunteer Firemen Inc ($64k), Williamsburg Firefighters Association ($64k) and Cassville Volunteer Fire Company ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 36% of the total. At year end it held assets of $508k against liabilities of $1,869, net assets of $506k.