North Myrtle Beach Rescue Squad

Analysis

North Myrtle Beach Rescue Squad is a registered charity in United States, based in N Myrtle BCH, SC. It received its IRS tax-exemption ruling in November 1991, 35 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 November 2022, North Myrtle Beach Rescue Squad reported income of $336k and spending of $231k, leaving 31% of income unspent that year. Across the 5 years on record, from November 2018 to November 2022, income grew from $211k to $336k (+60%), an average of +12% a year. The sharpest change came in the year to November 2019, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Myrtle Beach Rescue Squad sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include North Gulf Oceanic Society ($336k), Waldorf Institute of Southern California ($336k) and Iowa Shrine Bowl Games Inc ($336k).

On its Form 990 for the period ending November 2022, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $906k against liabilities of $0, net assets of $906k.