Cedar Grove Fire Department Inc

Analysis

Cedar Grove Fire Department Inc is a registered charity in United States, based in Cedar Grove, NC. It received its IRS tax-exemption ruling in July 2003, 23 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 December 2023, Cedar Grove Fire Department Inc reported income of $358k and spending of $432k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $358k (+31%), an average of +6.9% a year. Over the whole period it spent 113% 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, Cedar Grove Fire Department Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Polk Township Volunteer Fire Co ($358k), Buffalo Gap V F D ($358k) and Tri-County Firesafe Working Group ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $40k. At year end it held assets of $850k against liabilities of $134k, net assets of $716k. It reported 5 employees.