Rich Square Fire an Rescue Inc

Analysis

Rich Square Fire an Rescue Inc is a registered charity in United States, based in Rich Square, NC. It received its IRS tax-exemption ruling in April 1979, 47 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 December 2023, Rich Square Fire an Rescue Inc reported income of $257k and spending of $117k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $257k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rich Square Fire an Rescue Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Masonic Foundation of Utah ($257k), American Theater of Actors Inc ($257k) and Transportation Project for Cayuga County Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $551k against liabilities of $24k, net assets of $528k.