Blounts Creek Volunteer Fire Department Inc

Analysis

Blounts Creek Volunteer Fire Department Inc is a registered charity in United States, based in Blounts Creek, NC. It received its IRS tax-exemption ruling in June 2013, 13 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, Blounts Creek Volunteer Fire Department Inc reported income of $1.0m and spending of $396k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $208k to $1.0m (+391%), an average of +49% a year. The sharpest change came in the year to June 2024, when income rose by 231%. 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, Blounts Creek Volunteer Fire Department Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Idlewild Volunteer Fire Department Incorporated ($1.0m), Farmington Volunteer Fire Association Inc ($1.0m) and Instedd ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $26k (6.6% of expenses). At year end it held assets of $1.3m against liabilities of $336k, net assets of $944k. It reported 7 employees.