Parkway Fire & Rescue Inc

Analysis

Parkway Fire & Rescue Inc is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in July 2004, 22 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, Parkway Fire & Rescue Inc reported income of $1.0m and spending of $607k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $450k to $1.0m (+124%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 208%. 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, Parkway Fire & Rescue Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Whitehouse First Aid & Rescue Squad Inc ($1.0m), Harris Hill Volunteer Fire Co Inc ($1.0m) and Birdsboro-Union Fire Department ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $3.6m against liabilities of $936k, net assets of $2.6m.