Henderson County Rescue Squad
EIN: 237011493 · Hendersonvlle, NC
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Net Assets | $1.1M |
Is Henderson County Rescue Squad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Henderson County Rescue Squad
Henderson County Rescue Squad (EIN: 237011493) is a nonprofit organization based in Hendersonvlle, NC. The organization reported total revenue of $2.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henderson County Rescue Squad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henderson County Rescue Squad is a mid-size nonprofit that has been operating for 57 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$176K |
| Total Assets | $1.2M |
| Total Liabilities | $181K |
| Net Assets | $1.1M |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2024, Henderson County Rescue Squad reported a surplus of $176K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Henderson County Rescue Squad's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +27.5% | +21.4% | +23.0% |
| 2023 | -6.7% | +4.2% | +1.9% |
| 2022 | +20.9% | +12.2% | +37.9% |
| 2021 | +27.7% | +8.9% | +10.2% |
| 2020 | -0.6% | +5.3% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Henderson County Rescue Squad has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Henderson County Rescue Squad with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $176K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Henderson County Rescue Squad
Is Henderson County Rescue Squad a legitimate charity?
Henderson County Rescue Squad (EIN: 237011493) is a registered tax-exempt nonprofit based in North Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Henderson County Rescue Squad spend its money?
Henderson County Rescue Squad reported $2.2M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Henderson County Rescue Squad tax-deductible?
Henderson County Rescue Squad is registered as a tax-exempt nonprofit (EIN: 237011493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Henderson County Rescue Squad located?
Henderson County Rescue Squad is headquartered in Hendersonvlle, North Carolina and files with the IRS under EIN 237011493.
How many years of IRS 990 filings does Henderson County Rescue Squad have?
Henderson County Rescue Squad has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Filing History
IRS 990 filing history for Henderson County Rescue Squad showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Henderson County Rescue Squad's revenue has grown by 795.3%, moving from $230K to $2.1M. Total assets increased by 456.8% over the same period, from $224K to $1.2M. Total functional expenses rose by 625%, from $259K to $1.9M. In its most recent filing year (2024), Henderson County Rescue Squad reported a surplus of $176K, with revenue exceeding expenses. The organization holds $181K in liabilities against $1.2M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.1M | $1.9M | $1.2M | $181K | — | View 990 |
| 2023 | $1.6M | $1.5M | $1.0M | $123K | — | View 990 |
| 2022 | $1.7M | $1.5M | $996K | $169K | — | View 990 |
| 2021 | $1.4M | $1.3M | $722K | $137K | — | View 990 |
| 2020 | $1.1M | $1.2M | $655K | $175K | — | View 990 |
| 2019 | $1.1M | $1.2M | $677K | $100K | — | View 990 |
| 2018 | $1.0M | $1.1M | $709K | $104K | — | View 990 |
| 2017 | $991K | $1.1M | $822K | $98K | — | View 990 |
| 2016 | $1.1M | $1.0M | $952K | $123K | — | View 990 |
| 2015 | $567K | $431K | $828K | $95K | — | View 990 |
| 2014 | $897K | $712K | $509K | $107K | — | View 990 |
| 2013 | $273K | $313K | $348K | $132K | — | View 990 |
| 2012 | $335K | $262K | $272K | $16K | — | View 990 |
| 2011 | $230K | $259K | $224K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.1M, expenses of $1.9M, and assets of $1.2M (revenue +27.5% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.5M, and assets of $1.0M (revenue -6.7% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $996K (revenue +20.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $722K (revenue +27.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $655K (revenue -0.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $677K (revenue +10.4% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $709K (revenue +2.9% year-over-year).
- 2017: Revenue of $991K, expenses of $1.1M, and assets of $822K (revenue -8.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $952K (revenue +90.9% year-over-year).
- 2015: Revenue of $567K, expenses of $431K, and assets of $828K (revenue -36.8% year-over-year).
- 2014: Revenue of $897K, expenses of $712K, and assets of $509K (revenue +228.1% year-over-year).
- 2013: Revenue of $273K, expenses of $313K, and assets of $348K (revenue -18.3% year-over-year).
- 2012: Revenue of $335K, expenses of $262K, and assets of $272K (revenue +45.7% year-over-year).
- 2011: Revenue of $230K, expenses of $259K, and assets of $224K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henderson County Rescue Squad:
Data Sources and Methodology
This transparency report for Henderson County Rescue Squad is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.