Iredell County Rescue Squad Inc

Analysis

Iredell County Rescue Squad Inc is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in November 1990, 36 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, Iredell County Rescue Squad Inc reported income of $961k and spending of $992k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $666k to $961k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iredell County Rescue Squad Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Willie Mae Rock Camp for Girls Inc ($960k), Psi Child Centers ($961k) and Teachers Teammates ($960k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.9% of the total. Other salaries and wages came to $496k. At year end it held assets of $597k against liabilities of $102k, net assets of $494k. It reported 32 employees.