Idlewild Volunteer Fire Department Incorporated

Analysis

Idlewild Volunteer Fire Department Incorporated is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in September 2009, 17 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, Idlewild Volunteer Fire Department Incorporated reported income of $1.0m and spending of $968k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $912k to $1.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 101% 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, Idlewild Volunteer Fire Department Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Instedd ($1.0m), Blounts Creek Volunteer Fire Department Inc ($1.0m) and Newtown Fire Association ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $671k. At year end it held assets of $793k against liabilities of $486, net assets of $792k. It reported 69 employees.