Yancey County Rescue Squad

Analysis

Yancey County Rescue Squad is a registered charity in United States, based in Burnsville, NC. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2022, Yancey County Rescue Squad reported income of $131k and spending of $155k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $140k to $131k (-6.8%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 108% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Yancey County Rescue Squad sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Flatwoods Community Volunteer Fire Department Inc ($131k), Hope Animal-Assisted Crisis Response ($131k) and Bakersfield Volunteer Fire Department ($131k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $104k, net assets of $926k.