Eagle Springs Volunteer Fire Department Inc

Analysis

Eagle Springs Volunteer Fire Department Inc is a registered charity in United States, based in Eagle Springs, NC. It received its IRS tax-exemption ruling in July 1996, 30 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, Eagle Springs Volunteer Fire Department Inc reported income of $748k and spending of $521k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $328k to $748k (+128%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 96% 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, Eagle Springs 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 Partners United for Life Saving Education ($747k), Round Hill Community Fire and Rescue Company ($749k) and Willards Volunteer Fire Co Inc ($746k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $98k. At year end it held assets of $763k against liabilities of $348k, net assets of $415k. It reported 18 employees.