Central Fire Department of Davidson County Inc

Analysis

Central Fire Department of Davidson County Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in October 2009, 17 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 February 2024, Central Fire Department of Davidson County Inc reported income of $462k and spending of $381k, spending 82% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $320k to $462k (+45%), an average of +9.6% a year. The sharpest change came in the year to February 2021, when income rose by 36%. Over the whole period it spent 70% 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, Central Fire Department of Davidson County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include California Gun Rights Foundation ($462k), Parkton Volunteer Fire Department Inc ($463k) and Fountain Rescue and Emergency ($462k).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $11k (2.9% of expenses). Other salaries and wages came to $110k. At year end it held assets of $2.7m against liabilities of $2,526, net assets of $2.7m. It reported 12 employees.