Madison-rockingham Rescue Squad Incorporated is a 501(c)(3) organization based in Madison, North Carolina, registered in 1974, with $460,992 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$461K
▲ 3.9% vs prior year
Health median: $840K
Expenses (FY2024)
$484K
Net assets
$1.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Madison-rockingham Rescue Squad Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Madison-rockingham Rescue Squad Incorporated: 38 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Madison-rockingham Rescue Squad Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Madison-rockingham Rescue Squad Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $434K (FY2020) to $461K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-5.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$43K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $460,992▲3.9% | $484,282▲21.2% | $1,535,665▲10.3% | $1,578,874▲6.4% | 990 |
| 2023 | $443,710▲0.4% | $399,495▼15.3% | $1,392,668▲3.0% | $1,483,958▲2.7% | 990 |
| 2022 | $441,813▲1.8% | $471,664▲5.0% | $1,351,590▲4.8% | $1,445,498▲2.8% | 990 |
| 2020 | $434,129 | $449,063 | $1,289,570 | $1,405,539 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Madison-rockingham Rescue Squad Incorporated (EIN 23-7376110) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.