Echo Volunteer Rescue Squad

Analysis

Echo Volunteer Rescue Squad is a registered charity in United States, based in Newville, AL. It received its IRS tax-exemption ruling in October 2012, 14 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, Echo Volunteer Rescue Squad reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $1.3m (+381%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 145%. 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, Echo Volunteer Rescue Squad sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include North Catawba Fire-Rescue Department Inc ($1.3m), Ellicott City Volunteer Firemans Association Inc ($1.3m) and Highway 58 Volunteer Fire Department Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. Other salaries and wages came to $475k. At year end it held assets of $718k against liabilities of $632k, net assets of $86k. It reported 34 employees.