Edneyville Volunteer Fire Rescue

Analysis

Edneyville Volunteer Fire Rescue is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in June 2014, 12 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, Edneyville Volunteer Fire Rescue reported income of $1.8m and spending of $1.2m, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.8m (+62%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 79% 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, Edneyville Volunteer Fire Rescue sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Footprint Project ($1.8m), Highway 168 Fire Safe Council ($1.8m) and Forge Foundation Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $116k (9.4% of expenses). Other salaries and wages came to $492k. At year end it held assets of $3.2m against liabilities of $704k, net assets of $2.4m. It reported 26 employees.