Luverne Rescue Squad Inc

Analysis

Luverne Rescue Squad Inc is a registered charity in United States, based in Luverne, AL. It received its IRS tax-exemption ruling in August 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Luverne Rescue Squad Inc reported income of $592k and spending of $692k, spending 117% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $669k to $592k (-12%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 102% 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, Luverne Rescue Squad Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Ebenezer Volunteer Fire and Rescue Department Inc ($592k), Allied Emergency Services Inc ($592k) and Kids Against Hunger Bay Area ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $19k (2.7% of expenses). Other salaries and wages came to $257k. At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 18 employees.