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Hasty Fire Department Inc

RegisteredEIN 56-0941508Thomasville, NCArmed forces, emergency and public safety
Income$679k2024-06
Spending$644ksame year
Spent / received79%5-year average
Size in its cause88th pctArmed forces, emergency and public safety
Exempt since2007Publicly supported organisat
Employees15latest return

Analysis

Hasty Fire Department Inc is a registered charity in United States, based in Thomasville, NC. It received its IRS tax-exemption ruling in October 2007, 19 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, Hasty Fire Department Inc reported income of $679k and spending of $644k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $560k to $679k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 79% 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, Hasty Fire Department Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Association of Aquatic Professionals ($679k), Sawmills Volunteer Fire Department Inc ($681k) and Empire Hose Company 3 Inc ($678k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $270k. At year end it held assets of $2.9m against liabilities of $209, net assets of $2.9m. It reported 15 employees.

Income and spending

$0$179k$358k$537k$717k2020 Income: $560,4042020 Spending: $410,82120202021 Income: $613,8172021 Spending: $411,64820212022 Income: $611,2752022 Spending: $432,75120222023 Income: $716,5882023 Spending: $613,71820232024 Income: $679,0502024 Spending: $643,6212024
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Association of Aquatic ProfessionalsLiberty Hill$679k
Sawmills Volunteer Fire Department IncGranite Falls$681k
Empire Hose Company 3 IncMerrick$678k
South Foster Volunteer Fire CoFoster$682k