Rowan County Rescue Squad Inc
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
Where the income comes from
- Contributions & grants 84%
- Program services 1.6%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wimbledon Community Grocery | Wimbledon | $480k |
| Kentucky Baptist Fellowship Inc | Louisville | $481k |
| Williamson County Youth Athletic Association | Franklin | $480k |
| South Texas Youth Soccer Association | San Antonio | $481k |