Callao Rescue Squad Inc

Analysis

Callao Rescue Squad Inc is a registered charity in United States, based in Callao, VA. It received its IRS tax-exemption ruling in March 1968, 58 years ago. 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, Callao Rescue Squad Inc reported income of $216k and spending of $190k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $216k (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Callao Rescue Squad Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Michigan Trauma Coalition Inc ($216k), Mad River Valley Community Fund ($216k) and Parsons Volunteer Fire Department Incorporated ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $472k against liabilities of $0, net assets of $472k.