Jellico Lifesaving & Rescue Squad Inc

Analysis

Jellico Lifesaving & Rescue Squad Inc is a registered charity in United States, based in Jellico, TN. It received its IRS tax-exemption ruling in February 2002, 24 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, Jellico Lifesaving & Rescue Squad Inc reported income of $113k and spending of $80k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $274k to $113k (-59%), an average of -59% a year. The sharpest change came in the year to June 2024, when income dropped by 59%. Over the whole period it spent 38% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jellico Lifesaving & Rescue Squad Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Serenity House Inc ($113k), Breeders Cup Charities Inc ($113k) and Lowndes Drug Action Council Inc ($113k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $571k against liabilities of $10k, net assets of $561k.