Barnardsville Volunteer Fire Dept

Analysis

Barnardsville Volunteer Fire Dept is a registered charity in United States, based in Barnardsville, NC. It received its IRS tax-exemption ruling in November 2009, 17 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, Barnardsville Volunteer Fire Dept reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+46%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 89% 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, Barnardsville Volunteer Fire Dept sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include One805 Inc ($1.6m), St Stephens Fire Dept ($1.6m) and West Region Wildfire Council ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $100k (6.7% of expenses). Other salaries and wages came to $773k. At year end it held assets of $2.5m against liabilities of $435k, net assets of $2.0m. It reported 27 employees.