Uwharrie Volunteer Fire Department Inc

Analysis

Uwharrie Volunteer Fire Department Inc is a registered charity in United States, based in Troy, NC. It received its IRS tax-exemption ruling in May 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Uwharrie Volunteer Fire Department Inc reported income of $50k and spending of $95k, spending 189% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $50k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uwharrie Volunteer Fire Department Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include International Association of Assessing Officers ($50k), The Freshmen Fifteen ($50k) and Woodcliff Lake Educational Foundation Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.