Gaston Volunteer Rescue Squad Inc

Analysis

Gaston Volunteer Rescue Squad Inc is a registered charity in United States, based in Gaston, NC. It received its IRS tax-exemption ruling in March 2015, 11 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).

In the financial year ending December 2023, Gaston Volunteer Rescue Squad Inc reported income of $521k and spending of $501k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $521k (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 42%. 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, Gaston Volunteer Rescue Squad Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Termeer Institute Inc ($521k), Wards Foundation ($521k) and Parkinson Foundation of Western Pennsylvania ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% of the total. At year end it held assets of $531k against liabilities of $510k, net assets of $21k.