Mountain Home Fire & Rescue Dept Inc

Analysis

Mountain Home Fire & Rescue Dept Inc is a registered charity in United States, based in Mountain Home, NC. It received its IRS tax-exemption ruling in September 1999, 27 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 governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mountain Home Fire & Rescue Dept Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $1.9m to $2.7m (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 564%. Over the whole period it spent 98% 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, Mountain Home Fire & Rescue Dept Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Citizens Hose Company of Jersey Shore ($2.7m), Brookfield Volunteer Fire Company Inc ($2.7m) and Cranston HGTS Fire Co No 1 Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $269k (10% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.1m against liabilities of $195k, net assets of $3.9m. It reported 31 employees.