Eli Whitney Volunteer Fire Department Inc

Analysis

Eli Whitney Volunteer Fire Department Inc is a registered charity in United States, based in Graham, NC. It received its IRS tax-exemption ruling in October 1986, 40 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, Eli Whitney Volunteer Fire Department Inc reported income of $941k and spending of $721k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $431k to $941k (+118%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eli Whitney Volunteer Fire Department Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Bellingham Childcare & Learning Center ($941k), Westfield Foundation ($941k) and Maimonides Hebrew Day School ($941k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $282k. At year end it held assets of $2.5m against liabilities of $434k, net assets of $2.1m. It reported 12 employees.