Search One Rescue Team

Analysis

Search One Rescue Team is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in October 1985, 41 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, Search One Rescue Team reported income of $107k and spending of $50k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $107k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Search One Rescue Team sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Munster Mustang Hockey Organization Incorporated ($107k), Little League Baseball Inc ($107k) and The Child Abuse Prevention Team of Wilkes County ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $393k against liabilities of $0, net assets of $393k.