Center Volunteer Fire Department

Analysis

Center Volunteer Fire Department is a registered charity in United States, based in Mocksville, NC. It received its IRS tax-exemption ruling in January 2021, 5 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, Center Volunteer Fire Department reported income of $248k and spending of $164k, leaving 34% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $195k to $248k (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 81% 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, Center Volunteer Fire Department sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Dillwyn Volunteer Fire Department ($248k), Rio Vista Volunteer Fire Department ($248k) and South Mountains Fire Rescue Inc ($248k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $10k. It paid $800 in professional fundraising fees. At year end it held assets of $798k against liabilities of $219k, net assets of $579k. It reported 4 employees.