St Thomas Rescue Inc

Analysis

St Thomas Rescue Inc is a registered charity in United States, based in St Thomas, VI. It received its IRS tax-exemption ruling in January 2018, 8 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 March 2024, St Thomas Rescue Inc reported income of $148k and spending of $343k, spending 231% of what it took in. Across the 6 years on record, from March 2015 to March 2024, income grew from $137k to $148k (+8.4%), an average of +1.6% a year. The sharpest change came in the year to March 2020, when income rose by 93%. Over the whole period it spent 97% 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, St Thomas Rescue Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within VI. Charities of a similar size with the same main cause include Apple Creek Volunteer Fire Department and Emergency Squad Inc ($148k), Hope with Love ($148k) and Yavapai County Sherriffs Response Team Inc ($148k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. At year end it held assets of $129k against liabilities of $62k, net assets of $68k.