Yadkin Valley Volunteer Fire-Rescue Department Inc

Analysis

Yadkin Valley Volunteer Fire-Rescue Department Inc is a registered charity in United States, based in Patterson, NC. It received its IRS tax-exemption ruling in December 2005, 21 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 2024, Yadkin Valley Volunteer Fire-Rescue Department Inc reported income of $181k and spending of $71k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $142k to $181k (+27%), an average of +6.2% a year. Over the whole period it spent 71% 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, Yadkin Valley Volunteer Fire-Rescue Department Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Rocky Hill Hook and Ladder Co No 1 Inc ($180k), Pleasant Plains Volunteer Fire Co ($181k) and Cover Hill Volunteer Fire Company ($180k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Other salaries and wages came to $6,251. At year end it held assets of $521k against liabilities of $103, net assets of $521k. It reported 6 employees.