Pine Ridge Volunteer Fire Department Term

Analysis

Pine Ridge Volunteer Fire Department Term is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in April 1974, 52 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, Pine Ridge Volunteer Fire Department Term reported income of $2.6m and spending of $2.7m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.6m (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 92% 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, Pine Ridge Volunteer Fire Department Term sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Boat US Foundation ($2.6m), Data Friendly Space ($2.6m) and Brandywine Hundred Fire Company No 1 ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $120k (4.5% of expenses). Other salaries and wages came to $917k. At year end it held assets of $5.7m against liabilities of $3.6m, net assets of $2.1m. It reported 61 employees.