Waverly Rescue Squad Inc

Analysis

Waverly Rescue Squad Inc is a registered charity in United States, based in Waverly, VA. It received its IRS tax-exemption ruling in July 2006, 20 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, Waverly Rescue Squad Inc reported income of $194k and spending of $187k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $458k to $194k (-58%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 88% 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, Waverly Rescue Squad Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Compress and Shock Foundation ($194k), Union Hook & Ladder Co 1 Village of Mt Kisco Ny ($194k) and Lois Volunteer Fire Department & Rescue Squad Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 88% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.