Lower Currituck Volunteer Fire Dept Inc

Analysis

Lower Currituck Volunteer Fire Dept Inc is a registered charity in United States, based in Grandy, NC. It received its IRS tax-exemption ruling in November 2017, 9 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 2024, Lower Currituck Volunteer Fire Dept Inc reported income of $453k and spending of $461k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $338k to $453k (+34%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 97% 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, Lower Currituck Volunteer Fire Dept Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Glenwood Volunteer Fire Department ($453k), Mineral Wells VFD Inc ($454k) and Bell Arthur Ems Inc ($453k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $706k against liabilities of $15k, net assets of $691k. It reported 16 employees.