Chesterfield Fire and Rescue Protection Assoc Inc

Analysis

Chesterfield Fire and Rescue Protection Assoc Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in October 1990, 36 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 2023, Chesterfield Fire and Rescue Protection Assoc Inc reported income of $301k and spending of $191k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $166k to $301k (+82%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 93% 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, Chesterfield Fire and Rescue Protection Assoc Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Woodburn Community Fire Department ($301k), Arcata Volunteer Firefighters Association Inc ($301k) and Emergency Management Association of Tennessee ($301k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $506k against liabilities of $0, net assets of $506k.