Union Rescue Squad Inc

Analysis

Union Rescue Squad Inc is a registered charity in United States, based in Willard, NC. It received its IRS tax-exemption ruling in January 1989, 37 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 2022, Union Rescue Squad Inc reported income of $301k and spending of $223k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $279k to $301k (+7.8%), an average of +2.6% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union Rescue Squad Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Bay Rockets Association Inc ($301k), Sisters of Perpetual Indulgence Inc ($301k) and Friends of the Pella Community Center Inc ($301k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (15% of expenses). At year end it held assets of $708k against liabilities of $0, net assets of $708k.