Lumber Bridge Volunteer Fire Department Inc

Analysis

Lumber Bridge Volunteer Fire Department Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in August 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 December 2023, Lumber Bridge Volunteer Fire Department Inc reported income of $333k and spending of $405k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $333k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 87% 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, Lumber Bridge Volunteer Fire Department Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Kingsbury Volunteer Hose Co 1 Inc ($332k), The Crash Foundation ($333k) and Chippewa Fire Department ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $935k against liabilities of $169k, net assets of $766k. It reported 3 employees.