Bolton Volunteer Fire and Rescue Dept Inc

Analysis

Bolton Volunteer Fire and Rescue Dept Inc is a registered charity in United States, based in Bolton, NC. It received its IRS tax-exemption ruling in April 2011, 15 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, Bolton Volunteer Fire and Rescue Dept Inc reported income of $234k and spending of $243k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $69k to $234k (+240%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 1569%. Over the whole period it spent 100% 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, Bolton Volunteer Fire and Rescue Dept Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Rio Grande Fire Company No 1 Inc ($234k), Jefferson Township Volunteer Fire Co ($234k) and All Mens Evagelist Nation a M E N Inc ($234k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 24% of the total. At year end it held assets of $215k against liabilities of $128k, net assets of $87k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.