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Rowan County Rescue Squad Inc

RegisteredEIN 56-6061117Salisbury, NCOther charitable purposes
Income$481k2023-06
Spending$515ksame year
Spent / received99%5-year average
Size in its cause68th pctOther charitable purposes
Exempt since1957Publicly supported organisat
Employees26latest return

Analysis

Rowan County Rescue Squad Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in March 1957, 69 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rowan County Rescue Squad Inc reported income of $481k and spending of $515k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $685k to $481k (-30%), an average of -8.5% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rowan County Rescue Squad Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Wimbledon Community Grocery ($480k), Kentucky Baptist Fellowship Inc ($481k) and Williamson County Youth Athletic Association ($480k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 1.6% of the total. Other salaries and wages came to $237k. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m. It reported 26 employees.

Income and spending

$0$203k$406k$608k$811k2019 Income: $684,9332019 Spending: $811,09920192020 Income: $583,2742020 Spending: $480,65720202021 Income: $568,2272021 Spending: $543,12020212022 Income: $558,3882022 Spending: $508,93020222023 Income: $480,5742023 Spending: $514,5082023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 1.6%
  • Other 14%

Similar-sized charities, same cause

CharityLocationIncome
Wimbledon Community GroceryWimbledon$480k
Kentucky Baptist Fellowship IncLouisville$481k
Williamson County Youth Athletic AssociationFranklin$480k
South Texas Youth Soccer AssociationSan Antonio$481k