Little Creek Volunteer Fire Company

Analysis

Little Creek Volunteer Fire Company is a registered charity in United States, based in Little Creek, DE. It received its IRS tax-exemption ruling in February 1997, 29 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 November 2023, Little Creek Volunteer Fire Company reported income of $844k and spending of $1.1m, spending 132% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $831k to $844k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to November 2022, when income rose by 107%. Over the whole period it spent 96% 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, Little Creek Volunteer Fire Company 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 73rd percentile within DE. Charities of a similar size with the same main cause include Keystone Hook & Ladder No 1 ($844k), New Salem Volunteer Fire Department Inc ($844k) and Mardela Springs Volunteer Fire Company Incorporated ($844k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $3.4m against liabilities of $1.2m, net assets of $2.3m.