Center Rural Volunteer Fire & Rescue Department Inc

Analysis

Center Rural Volunteer Fire & Rescue Department Inc is a registered charity in United States, based in Norwood, NC. It received its IRS tax-exemption ruling in September 1997, 29 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 November 2024, Center Rural Volunteer Fire & Rescue Department Inc reported income of $622k and spending of $514k, spending 83% of its income. Across the 5 years on record, from November 2020 to November 2024, income grew from $467k to $622k (+33%), an average of +7.4% a year. The sharpest change came in the year to November 2023, when income rose by 26%. Over the whole period it spent 82% 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, Center Rural Volunteer Fire & Rescue Department Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Northeastern New York Safety and Health Council Inc ($621k), West Whiteland Fire Company Inc ($622k) and Bethesda Fire Department Inc ($620k).

On its Form 990 for the period ending November 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $12k (2.3% of expenses). Other salaries and wages came to $53k. At year end it held assets of $2.6m against liabilities of $922k, net assets of $1.7m. It reported 10 employees.