Ellerbe Rescue Squad Inc

Analysis

Ellerbe Rescue Squad Inc is a registered charity in United States, based in Ellerbe, NC. It received its IRS tax-exemption ruling in April 1986, 40 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 June 2024, Ellerbe Rescue Squad Inc reported income of $70k and spending of $39k, leaving 44% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $36k to $70k (+91%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ellerbe Rescue Squad Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Northwest Ohio Literacy Council Inc ($70k), Wall Community First Aid Squad Inc ($70k) and Seymour Historical Society ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $333k against liabilities of $8,846, net assets of $324k.