Knox County Rescue

Analysis

Knox County Rescue is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 1960, 66 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Knox County Rescue reported income of $563k and spending of $644k, spending 114% of what it took in. Across the 5 years on record, from December 2018 to June 2022, income fell from $707k to $563k (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2020, when income rose by 92%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knox County Rescue sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Old Vineyard St Residents Association Inc ($563k), PTA California Congress of Parents Teachers & Students Inc ($563k) and Community Outpatient Health Service ($563k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $75k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.