Ridgecrest Volunteer Fire Department Inc

Analysis

Ridgecrest Volunteer Fire Department Inc is a registered charity in United States, based in Locust, NC. It received its IRS tax-exemption ruling in July 1997, 29 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, Ridgecrest Volunteer Fire Department Inc reported income of $369k and spending of $301k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $369k (+9.8%), an average of +2.4% a year. Over the whole period it spent 79% 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, Ridgecrest Volunteer 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 64th percentile within NC. Charities of a similar size with the same main cause include Conneaut Lake Volunteer Fire Department of Conneaut Lake Boro ($369k), Wittenberg Area Fireambulance Protective Services District Inc ($369k) and Valley Splash Aquatics Inc ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $680k against liabilities of $63k, net assets of $617k. It reported 25 employees.