Volunteer Fire Department of Bethany

Analysis

Volunteer Fire Department of Bethany is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in January 1976, 50 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 December 2023, Volunteer Fire Department of Bethany reported income of $607k and spending of $1.0m, spending 167% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $474k to $607k (+28%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 94% 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, Volunteer Fire Department of Bethany sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Dublin Volunteer Fire Department Inc ($606k), Alberta Volunteer Fire Department Inc ($607k) and Disaster Assistance Coc Inc ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Other salaries and wages came to $183k. At year end it held assets of $2.4m against liabilities of $938k, net assets of $1.5m. It reported 18 employees.