South Lexington Vol Fire Department Inc

Analysis

South Lexington Vol Fire Department Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in April 2009, 17 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, South Lexington Vol Fire Department Inc reported income of $373k and spending of $316k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $283k to $373k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. 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, South Lexington Vol 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 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Melrose Volunteer Fire Department Inc ($373k), Josephine Volunteer Fire Department Inc ($373k) and Twin Bridge Rescue Squad Inc ($373k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $108k. At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $752k. It reported 10 employees.