Bostian Heights Fire Dept Inc

Analysis

Bostian Heights Fire Dept Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in August 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, Bostian Heights Fire Dept Inc reported income of $954k and spending of $897k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $777k to $954k (+23%), an average of +5.3% a year. Over the whole period it spent 93% 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, Bostian Heights Fire Dept Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Altamahaw-Ossipee Fire Department ($954k), Willing Hand Hose Company of Montoursville Pa ($957k) and No Boundaries International Inc ($953k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $87k (9.7% of expenses). Other salaries and wages came to $348k. At year end it held assets of $2.3m against liabilities of $401k, net assets of $1.8m. It reported 22 employees.