Double Island Volunteer Fire Department Inc

Analysis

Double Island Volunteer Fire Department Inc is a registered charity in United States, based in Green MTN, NC. It received its IRS tax-exemption ruling in February 2003, 23 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 December 2023, Double Island Volunteer Fire Department Inc reported income of $119k and spending of $93k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $119k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 62% 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, Double Island Volunteer Fire Department Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include The Country Volunteer Fire Department Inc ($119k), The Loudoun Medical Group Charitable Foundation ($119k) and Neptune Fire Company 1 ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $983k against liabilities of $0, net assets of $983k.