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Alamance County Rescue Unit Inc

RegisteredEIN 56-0986583Graham, NCOther charitable purposes
Income$389k2023-12
Spending$301ksame year
Spent / received89%5-year average
Size in its cause64th pctOther charitable purposes
Exempt since1974Publicly supported organisat
Employees14latest return

Analysis

Alamance County Rescue Unit Inc is a registered charity in United States, based in Graham, NC. It received its IRS tax-exemption ruling in October 1974, 52 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, Alamance County Rescue Unit Inc reported income of $389k and spending of $301k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $389k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alamance County Rescue Unit Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Bay Philharmonic ($389k), A Womans Choice ($389k) and The Little Schoolhouse Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $52k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 14 employees.

Income and spending

$0$97k$195k$292k$389k2019 Income: $223,7882019 Spending: $215,97020192020 Income: $211,6182020 Spending: $178,66520202021 Income: $219,9402021 Spending: $190,84920212022 Income: $268,1552022 Spending: $278,43920222023 Income: $389,2832023 Spending: $300,9672023
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Other 60%

Similar-sized charities, same cause

CharityLocationIncome
Bay PhilharmonicFremont$389k
A Womans ChoiceFalls Church$389k
The Little Schoolhouse IncFt Lauderdale$389k
Entrepreneurship InstituteColumbus$389k