Spout Springs Emergency Services Inc

Analysis

Spout Springs Emergency Services Inc is a registered charity in United States, based in Cameron, NC. It received its IRS tax-exemption ruling in July 1986, 40 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 June 2024, Spout Springs Emergency Services Inc reported income of $3.0m and spending of $2.5m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $3.0m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 80% 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, Spout Springs Emergency Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Alert Engine Hook and Ladder and Hose Company No One Inc ($3.0m), Association of State Dam Safety Officials Inc ($3.0m) and Thibodaux Volunteer Fire Department Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $5.2m against liabilities of $736k, net assets of $4.5m. It reported 30 employees.