Skyland Fire and Rescue Corporation

Analysis

Skyland Fire and Rescue Corporation is a registered charity in United States, based in Skyland, NC. It received its IRS tax-exemption ruling in September 2011, 15 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, Skyland Fire and Rescue Corporation reported income of $9.4m and spending of $8.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $9.4m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 18%. 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, Skyland Fire and Rescue Corporation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Disability Advocates Inc ($9.2m), Multnomah Defenders Inc ($9.6m) and Community Outreach Promoting Emergency -Cope- Preparedness ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $140k (1.7% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $17.2m against liabilities of $7.6m, net assets of $9.6m. It reported 82 employees.