Summerfield Fire District Inc

Analysis

Summerfield Fire District Inc is a registered charity in United States, based in Summerfield, NC. It received its IRS tax-exemption ruling in January 2018, 8 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, Summerfield Fire District Inc reported income of $4.5m and spending of $4.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.5m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 23%. 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, Summerfield Fire District Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Realtors Relief Foundation ($4.5m), Occoquan-Woodridge-Lorton Volunteer Fire Department ($4.5m) and Yellowstone Mountain Club Public Safety and Privacy Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $8.7m against liabilities of $533k, net assets of $8.2m. It reported 53 employees.