Smith Grove Volunteer Fire Department Inc

Analysis

Smith Grove Volunteer Fire Department Inc is a registered charity in United States, based in Advance, NC. It received its IRS tax-exemption ruling in April 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Smith Grove Volunteer Fire Department Inc reported income of $769k and spending of $753k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $488k to $769k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 95% 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, Smith Grove Volunteer Fire Department 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 Together for Safer Roads Inc ($768k), Riverside County Deputy Sheriff Relief Foundation Inc ($770k) and Windsor Emergency Services Inc ($768k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $63k (8.4% of expenses). Other salaries and wages came to $231k. At year end it held assets of $1.2m against liabilities of $874k, net assets of $319k. It reported 21 employees.