Clarks Chapel Fire and Rescue Department Inc

Analysis

Clarks Chapel Fire and Rescue Department Inc is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in November 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clarks Chapel Fire and Rescue Department Inc reported income of $396k and spending of $359k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $228k to $396k (+73%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 112%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarks Chapel Fire and Rescue Department Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Abraham Lincoln Brigade Archives ($396k), N B C U S a Housing Inc Seven ($396k) and Volunteers of America Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $76k. At year end it held assets of $1.1m against liabilities of $310k, net assets of $755k. It reported 3 employees.