Salem Fire & Rescue Protection Association

Analysis

Salem Fire & Rescue Protection Association is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in June 2022, 4 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, Salem Fire & Rescue Protection Association reported income of $571k and spending of $397k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $371k to $571k (+54%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 75% 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, Salem Fire & Rescue Protection Association 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 Draper Volunteer Fire Dept Inc ($571k), Tri-Township Fire District ($571k) and Casar Volunteer Fire Department ($571k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Other salaries and wages came to $72k. At year end it held assets of $1.6m against liabilities of $1,719, net assets of $1.6m. It reported 44 employees.