Wilkes Rescue Squad Inc

Analysis

Wilkes Rescue Squad Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in December 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Wilkes Rescue Squad Inc reported income of $551k and spending of $445k, spending 81% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $283k to $551k (+95%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 76%. 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, Wilkes Rescue Squad Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Honor Flight Austin ($551k), Life Network Inc ($551k) and The Historical Society of Woodstock ($551k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $21k (4.8% of expenses). Other salaries and wages came to $56k. At year end it held assets of $488k against liabilities of $152k, net assets of $336k. It reported 12 employees.