South Fork Volunteer Fire Dept of Lincoln County Inc

Analysis

South Fork Volunteer Fire Dept of Lincoln County Inc is a registered charity in United States, based in Lincolnton, NC. It received its IRS tax-exemption ruling in October 2015, 11 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 2024, South Fork Volunteer Fire Dept of Lincoln County Inc reported income of $774k and spending of $740k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $470k to $774k (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 92% 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, South Fork Volunteer Fire Dept of Lincoln County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Lowernine Org ($774k), Green Pond Volunteer Fire Dept Inc ($775k) and GMR Foundation ($773k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $207k. At year end it held assets of $1.4m against liabilities of $460k, net assets of $931k. It reported 25 employees.