Summit County Rescue Group Inc

Analysis

Summit County Rescue Group Inc is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in June 1977, 49 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, Summit County Rescue Group Inc reported income of $903k and spending of $158k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $532k to $903k (+70%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Summit County Rescue Group Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Sioux Falls Youth Hockey Association ($903k), The Arc of the Midlands Inc ($903k) and Northland Terrace Estates Inc ($903k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.4m against liabilities of $428, net assets of $2.4m.