Stewart Simmons Volunteer Fire Department of Watauga County Inc

Analysis

Stewart Simmons Volunteer Fire Department of Watauga County Inc is a registered charity in United States, based in Deep Gap, NC. It received its IRS tax-exemption ruling in October 2009, 17 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 2023, Stewart Simmons Volunteer Fire Department of Watauga County Inc reported income of $566k and spending of $306k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $320k to $566k (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 55% 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, Stewart Simmons Volunteer Fire Department of Watauga County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Fredericksburg Fire Company No 1 ($565k), Waskom Volunteer Fire Department and E M S Services Inc ($566k) and Union Fire Company of Manchester Borough York County Pennsylvania ($565k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 25% of the total. Other salaries and wages came to $75k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 1 employees.