Cumberland Road Volunteer Fire Department Inc

Analysis

Cumberland Road Volunteer Fire Department Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in August 1989, 37 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, Cumberland Road Volunteer Fire Department Inc reported income of $820k and spending of $815k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $700k to $820k (+17%), an average of +5.4% a year. Over the whole period it spent 90% 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, Cumberland Road Volunteer Fire Department Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Efland Volunteer Fire Company Inc ($819k), United Communities Vol Fire Dept Incorporated Romancoke ($821k) and West Central Florida Driver Improvement Inc ($818k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $74k (9.1% of expenses). Other salaries and wages came to $220k. At year end it held assets of $1.9m against liabilities of $828k, net assets of $1.1m. It reported 43 employees.