Stovall Volunteer Fire Department Inc

Analysis

Stovall Volunteer Fire Department Inc is a registered charity in United States, based in Stovall, NC. It received its IRS tax-exemption ruling in July 2003, 23 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 2023, Stovall Volunteer Fire Department Inc reported income of $134k and spending of $119k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $77k to $134k (+74%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 87% 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, Stovall Volunteer Fire Department Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Number One Volunteer Fire Department ($134k), Friendship Fire Company No 1 of Geigertown Pennsylvania ($134k) and Humanity Builders ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $334k against liabilities of $150k, net assets of $183k.