Highfalls Fire and Rescue Inc

Analysis

Highfalls Fire and Rescue Inc is a registered charity in United States, based in Highfalls, NC. It received its IRS tax-exemption ruling in May 1995, 31 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, Highfalls Fire and Rescue Inc reported income of $295k and spending of $289k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $294k to $295k (+0.5%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 86% 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, Highfalls Fire and Rescue Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include The Southeast Wisconsin Healthcare Emergency Readiness Coalition Inc ($295k), Gahanna Junior League Sports Inc ($295k) and Hamilton Volunteer Fire Department ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $419k. It reported 6 employees.