Caldwell Fire Department Inc

Analysis

Caldwell Fire Department Inc is a registered charity in United States, based in Rougemont, NC. It received its IRS tax-exemption ruling in June 2011, 15 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, Caldwell Fire Department Inc reported income of $446k and spending of $366k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $446k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 72% 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, Caldwell Fire Department Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Elmo Volunteer Fire Department ($446k), Dysartsville Volunteer Fire Department Inc ($446k) and Mastersonville Volunteer Fire Company Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $33k (8.9% of expenses). Other salaries and wages came to $10k. At year end it held assets of $2.1m against liabilities of $464k, net assets of $1.6m. It reported 2 employees.