Western Albemarle Rescue Squad Foundation

Analysis

Western Albemarle Rescue Squad Foundation is a registered charity in United States, based in Crozet, VA. It received its IRS tax-exemption ruling in April 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Western Albemarle Rescue Squad Foundation reported income of $279k and spending of $38k, leaving 87% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.5m to $279k (-81%), an average of -43% a year. The sharpest change came in the year to June 2022, when income dropped by 87%. Over the whole period it spent 2.3% 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, Western Albemarle Rescue Squad Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Tennessee Regional Safety Council Inc ($279k), State Road Volunteer Fire Department Inc ($279k) and Buckhead Fire & Rescue Department ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.