Cannon County Rescue Squad Inc

Analysis

Cannon County Rescue Squad Inc is a registered charity in United States, based in Woodbury, TN. It received its IRS tax-exemption ruling in February 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 December 2023, Cannon County Rescue Squad Inc reported income of $361k and spending of $181k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $361k (+294%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 187%. Over the whole period it spent 80% 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, Cannon County Rescue Squad Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Training for Life Inc ($361k), Chief Logan Volunteer Fire Department ($362k) and Hudson Volunteer Fire Department Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.