Buncombe County Rescue Squad Inc

Analysis

Buncombe County Rescue Squad Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in October 1982, 44 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 (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 2024, Buncombe County Rescue Squad Inc reported income of $270k and spending of $499k, spending 185% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $852k to $270k (-68%), an average of -25% a year. The sharpest change came in the year to June 2024, when income dropped by 69%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Buncombe County Rescue Squad Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Rum River Life Choices Center ($270k), American Association for Cancer Education ($270k) and Providence Recovery Centers Inc ($270k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $13k (2.6% of expenses). Other salaries and wages came to $263k. At year end it held assets of $651k against liabilities of $2,275, net assets of $648k. It reported 24 employees.