Back Swamp VFD

Analysis

Back Swamp VFD is a registered charity in United States, based in Richlands, NC. It received its IRS tax-exemption ruling in February 1992, 34 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, Back Swamp VFD reported income of $432k and spending of $352k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $235k to $432k (+84%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 73% 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, Back Swamp VFD sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Sigel Volunteer Fire Department ($431k), Union Hook and Ladder Co No 1 of Bedminster-Far Hills New Jersey ($432k) and Delaware County Board of Fire and Life Safety ($431k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 1.8% of the total. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m.