Roanoke Valley Rescue Squad Inc

Analysis

Roanoke Valley Rescue Squad Inc is a registered charity in United States, based in Roanoke Rapid, NC. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Roanoke Valley Rescue Squad Inc reported income of $121k and spending of $200k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $979k to $121k (-88%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roanoke Valley Rescue Squad Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Olive Tree Counseling Center Foundation ($121k), Pike Autism Support Services of Nepa Inc ($121k) and Medical Missions for Christ ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $6,588 (3.3% of expenses). Other salaries and wages came to $52k. At year end it held assets of $525k against liabilities of $60k, net assets of $464k. It reported 12 employees.