Yadkinville Volunteer Fire Department Inc

Analysis

Yadkinville Volunteer Fire Department Inc is a registered charity in United States, based in Yadkinville, NC. It received its IRS tax-exemption ruling in February 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, Yadkinville Volunteer Fire Department Inc reported income of $648k and spending of $714k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $546k to $648k (+19%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 110% 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, Yadkinville Volunteer Fire Department Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Town of Hancock Volunteer Ambulance Corps Inc ($647k), Trafalgar Volunteer Firemen Inc ($649k) and Chicamacomico Banks Fire Department ($646k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% of the total. Compensation of current officers, directors and key employees was $87k (12% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.1m against liabilities of $706k, net assets of $348k. It reported 14 employees.