Grantsboro-Silverhill Volnteer Fire Dept and Emergency Services Inc

Analysis

Grantsboro-Silverhill Volnteer Fire Dept and Emergency Services Inc is a registered charity in United States, based in Grantsboro, NC. It received its IRS tax-exemption ruling in May 2006, 20 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, Grantsboro-Silverhill Volnteer Fire Dept and Emergency Services Inc reported income of $175k and spending of $113k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $84k to $175k (+109%), an average of +109% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 62% 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, Grantsboro-Silverhill Volnteer Fire Dept and Emergency Services Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Jennerstown Volunteer Fire Dept ($175k), Clarion Fire and Hose Company No 1 ($175k) and Swissvale Volunteer Fire Dept ($175k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $471k against liabilities of $254k, net assets of $217k.