Piedmont Rescue Squad Inc

Analysis

Piedmont Rescue Squad Inc is a registered charity in United States, based in Piedmont, AL. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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, Piedmont Rescue Squad Inc reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.9m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piedmont Rescue Squad Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include The Alano Club of Portland Oregon ($2.9m), Good Samaritan Haven ($2.9m) and Literacy Kansas City ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 67% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $2.0m against liabilities of $756k, net assets of $1.3m. It reported 65 employees.