Davidson County Rescue Squad Inc

Analysis

Davidson County Rescue Squad Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in June 1960, 66 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Davidson County Rescue Squad Inc reported income of $174k and spending of $155k, spending 89% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $152k to $174k (+15%), an average of +3.5% a year. The sharpest change came in the year to October 2022, when income rose by 69%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Davidson County Rescue Squad Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Philadelphia Endocrine Society ($174k), Bear Spot Foundation for Equine Facilitated Psychotherapy Inc ($174k) and Silver Cross Healthy Community Commission ($174k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. At year end it held assets of $477k against liabilities of $234k, net assets of $243k.