Spring Valley Area Emergency Services Corporation

Analysis

Spring Valley Area Emergency Services Corporation is a registered charity in United States, based in Spring Valley, WI. It received its IRS tax-exemption ruling in February 2020, 6 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, Spring Valley Area Emergency Services Corporation reported income of $412k and spending of $361k, spending 88% of its income. Across the 6 years on record, from December 2016 to December 2023, income grew from $276k to $412k (+49%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 83% 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, Spring Valley Area Emergency Services Corporation 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 67th percentile within WI. Charities of a similar size with the same main cause include Friendship Fire Co 1 ($412k), North Halifax Volunteer Fire Department Inc ($412k) and Delhi Volunteer Fire Department Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $23k (6.5% of expenses). Other salaries and wages came to $56k. At year end it held assets of $748k against liabilities of $120k, net assets of $628k. It reported 41 employees.