Loudon County Volunteer Emergency Rescue Squad

Analysis

Loudon County Volunteer Emergency Rescue Squad is a registered charity in United States, based in Lenoir City, TN. It received its IRS tax-exemption ruling in March 2013, 13 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, Loudon County Volunteer Emergency Rescue Squad reported income of $652k and spending of $248k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $227k to $652k (+187%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 142%. Over the whole period it spent 64% 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, Loudon County Volunteer Emergency Rescue Squad sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include New Franklin Fire Department ($652k), Waco Community Volunteer Fire Department Inc ($652k) and Crumpton Volunteer Fire Department Inc ($651k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.