Drewry Volunteer Fire Department Inc

Analysis

Drewry Volunteer Fire Department Inc is a registered charity in United States, based in Manson, NC. It received its IRS tax-exemption ruling in June 2020, 6 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, Drewry Volunteer Fire Department Inc reported income of $376k and spending of $193k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $195k to $376k (+93%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 88% 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, Drewry Volunteer 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 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Washington Township Volunteer Fire Co No 1 ($376k), Haysi Rescue Squad Inc ($377k) and Bowie Volunteer Fire Dept and Rescue Squad Inc ($376k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $11k (5.7% of expenses). Other salaries and wages came to $39k. At year end it held assets of $437k against liabilities of $11k, net assets of $426k. It reported 14 employees.