Alleghany County Rescue Squad Inc

Analysis

Alleghany County Rescue Squad Inc is a registered charity in United States, based in Sparta, NC. It received its IRS tax-exemption ruling in December 1990, 36 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 2023, Alleghany County Rescue Squad Inc reported income of $302k and spending of $481k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $302k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 115% 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, Alleghany County Rescue Squad Inc sits at the 72nd percentile: it is larger than about 72% 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 Collins Chapel Community Volunteer Fire Department ($301k), Raphine Volunteer Fire Company ($302k) and Safe Kids Utah ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $27k (5.7% of expenses). At year end it held assets of $876k against liabilities of $126k, net assets of $750k.