Summit County Search and Rescue Fund

Analysis

Summit County Search and Rescue Fund is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in April 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Summit County Search and Rescue Fund reported income of $165k and spending of $116k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $165k (+183%), an average of +183% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 103% 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, Summit County Search and Rescue Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within UT. Charities of a similar size with the same main cause include Big Sandy Volunteer Fire Department ($165k), Lake City Fire Company ($165k) and Cuylerville Volunteer Fire Department Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.