Wendell Holmes Rural Fire Department

Analysis

Wendell Holmes Rural Fire Department is a registered charity in United States, based in Wendell, NC. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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, Wendell Holmes Rural Fire Department reported income of $4.5m and spending of $4.2m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $4.5m (+131%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wendell Holmes Rural Fire Department sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Springs Inc ($4.5m), Georgia Environmental Loan Acquisition Corp ($4.5m) and Community Assistance Center Inc ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $161k (3.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $1.8m against liabilities of $284k, net assets of $1.5m. It reported 58 employees.