Rowan-Iredell Voluntary Fire Department Inc

Analysis

Rowan-Iredell Voluntary Fire Department Inc is a registered charity in United States, based in Cleveland, NC. It received its IRS tax-exemption ruling in July 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 June 2024, Rowan-Iredell Voluntary Fire Department Inc reported income of $107k and spending of $81k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $189k to $107k (-44%), an average of -44% a year. The sharpest change came in the year to June 2024, when income dropped by 44%. Over the whole period it spent 54% 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, Rowan-Iredell Voluntary Fire Department Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Allegany Engine Company Inc ($107k), Shenango Area Fire District ($107k) and Light My Fire Inc ($107k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 47% of the total. At year end it held assets of $418k against liabilities of $0, net assets of $418k.