Shingle Hollow Fire Dept

Analysis

Shingle Hollow Fire Dept is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in October 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, Shingle Hollow Fire Dept reported income of $350k and spending of $348k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $230k to $350k (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 71%. 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, Shingle Hollow Fire Dept sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Damascus Volunteer Rescue Squad Inc ($349k), Rose Tree Fire Company 1 ($350k) and Kings Creek Volunteer Fire Dept ($349k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 7 employees.