Efland Volunteer Fire Company Inc

Analysis

Efland Volunteer Fire Company Inc is a registered charity in United States, based in Efland, NC. It received its IRS tax-exemption ruling in February 1973, 53 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 2023, Efland Volunteer Fire Company Inc reported income of $819k and spending of $609k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $535k to $819k (+53%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 88% 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, Efland Volunteer Fire Company Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include West Central Florida Driver Improvement Inc ($818k), Cumberland Road Volunteer Fire Department Inc ($820k) and Bannertown Volunteer Fire Dept Inc ($818k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $28k (4.6% of expenses). Other salaries and wages came to $100k. At year end it held assets of $2.6m against liabilities of $655k, net assets of $1.9m. It reported 12 employees.