Bolivia Volunteer Fire Department

Analysis

Bolivia Volunteer Fire Department is a registered charity in United States, based in Bolivia, 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, Bolivia Volunteer Fire Department reported income of $534k and spending of $414k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $366k to $534k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 90% 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, Bolivia Volunteer Fire Department sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Golden Retrievers in Need Rescue Service Inc ($533k), R3sm Inc ($534k) and Northstar Search and Rescue ($533k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $124k. At year end it held assets of $1.9m against liabilities of $1.3m, net assets of $516k. It reported 20 employees.