Mountain Valley Volunteer Fire & Rescue Inc

Analysis

Mountain Valley Volunteer Fire & Rescue Inc is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in October 1997, 29 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 January 2024, Mountain Valley Volunteer Fire & Rescue Inc reported income of $159k and spending of $100k, leaving 37% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $128k to $159k (+25%), an average of +5.7% a year. The sharpest change came in the year to January 2023, when income rose by 43%. Over the whole period it spent 66% 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 Valley Volunteer Fire & Rescue Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Morgantown Rural Fire Department Inc ($159k), Nutter Fort Volunteer Fire Dept ($159k) and Local 22 Charitable Trust ($159k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $431k against liabilities of $0, net assets of $431k.