Vanceboro Rescue Squad Inc

Analysis

Vanceboro Rescue Squad Inc is a registered charity in United States, based in Vanceboro, NC. It received its IRS tax-exemption ruling in March 1980, 46 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 June 2023, Vanceboro Rescue Squad Inc reported income of $694k and spending of $658k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $551k to $694k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vanceboro Rescue Squad Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Safety Council of Northwest Ohio ($694k), Breakwater Health Network ($694k) and Nana Baby Childrens Home ($694k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 93% of the total. Other salaries and wages came to $350k. At year end it held assets of $1.3m against liabilities of $84k, net assets of $1.3m. It reported 10 employees.