Castalia Volunteer Fire Department Inc

Analysis

Castalia Volunteer Fire Department Inc is a registered charity in United States, based in Castalia, NC. It received its IRS tax-exemption ruling in July 2016, 10 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, Castalia Volunteer Fire Department Inc reported income of $280k and spending of $238k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $172k to $280k (+62%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 175%. Over the whole period it spent 87% 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, Castalia Volunteer Fire Department Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Melville Volunteer Fire Dept Inc ($279k), Prince Frederick Volunteer Rescue Squad Inc ($280k) and Chesterfield Fire Co Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $61k. At year end it held assets of $3.3m against liabilities of $1,034, net assets of $3.3m. It reported 8 employees.