Cambridge Rescue Squad Inc

Analysis

Cambridge Rescue Squad Inc is a registered charity in United States, based in Jeffersonvlle, VT. It received its IRS tax-exemption ruling in November 2006, 20 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 December 2023, Cambridge Rescue Squad Inc reported income of $400k and spending of $481k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $400k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 103% 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, Cambridge Rescue Squad Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include Presto Volunteer Fire Department ($400k), Lakewood Volunteer Fire Co Inc ($400k) and West Carlisle Volunteer Fire Department Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $37k (7.6% of expenses). Other salaries and wages came to $277k. At year end it held assets of $17k against liabilities of $46k, net assets of -$29k. It reported 33 employees.