Catawba Rescue Squad Inc

Analysis

Catawba Rescue Squad Inc is a registered charity in United States, based in Catawba, NC. It received its IRS tax-exemption ruling in September 2007, 19 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 2024, Catawba Rescue Squad Inc reported income of $243k and spending of $248k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $229k to $243k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 112% 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, Catawba Rescue Squad Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Tennessee Emergency Number Association ($242k), Clay County Perry Township Volunteer Fire Department Inc ($243k) and Whitesboro Fire Department Inc ($242k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (47% of expenses). At year end it held assets of $311k against liabilities of $707, net assets of $310k. It reported 6 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.