Humbolt Area Rescue Squad

Analysis

Humbolt Area Rescue Squad is a registered charity in United States, based in Humboldt, TN. It received its IRS tax-exemption ruling in October 1997, 29 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 December 2023, Humbolt Area Rescue Squad reported income of $96k and spending of $54k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $96k (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 71% 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, Humbolt Area Rescue Squad sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include Bradfordwoods Volunteer Fire Company and Relief Association ($96k), Patrick-Henry Volunteer Fire Department ($96k) and United Engine & Truck Co of Bradley Beach Fire Dept ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $675k against liabilities of $0, net assets of $675k.