Godwin-Falcon Fire Dept Inc

Analysis

Godwin-Falcon Fire Dept Inc is a registered charity in United States, based in Falcon, NC. It received its IRS tax-exemption ruling in December 2015, 11 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, Godwin-Falcon Fire Dept Inc reported income of $548k and spending of $586k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $420k to $548k (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 96% 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, Godwin-Falcon Fire Dept Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Clyde Volunteer Fire Department Inc ($548k), Brown County Volunteer Fire Department Incorporated ($548k) and Lewis Township Fire and Rescue ($548k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $183k (31% of expenses). At year end it held assets of $2.3m against liabilities of $1.4m, net assets of $845k. It reported 15 employees.