Sky Valley-Scaly Mountain Volunteer and Rescue Department Incorporated

Analysis

Sky Valley-Scaly Mountain Volunteer and Rescue Department Incorporated is a registered charity in United States, based in Scaly MTN, NC. It received its IRS tax-exemption ruling in January 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 December 2023, Sky Valley-Scaly Mountain Volunteer and Rescue Department Incorporated reported income of $413k and spending of $262k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $372k to $413k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 60% 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, Sky Valley-Scaly Mountain Volunteer and Rescue Department Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Union Fire Co ($413k), Resuscitation Academy Foundation ($414k) and English Consul Volunteer Fire Association Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $22k (8.6% of expenses). At year end it held assets of $3.3m against liabilities of $190k, net assets of $3.1m. It reported 3 employees.