Timmonsville Rescue Squad

Analysis

Timmonsville Rescue Squad is a registered charity in United States, based in Timmonsville, SC. It received its IRS tax-exemption ruling in November 1998, 28 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 June 2023, Timmonsville Rescue Squad reported income of $789k and spending of $859k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $700k to $789k (+13%), an average of +4.1% a year. Over the whole period it spent 104% 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, Timmonsville Rescue Squad sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Trauma Support Services of North Texas ($787k), Red Oak District Volunteer Fire Department Inc ($791k) and Jackson Hole Fire Ems Foundation ($786k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $157k (18% of expenses). At year end it held assets of $364k against liabilities of -$72, net assets of $364k. It reported 41 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.