Clarks Neck Volunteer Fire Department Inc

Analysis

Clarks Neck Volunteer Fire Department Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, Clarks Neck Volunteer Fire Department Inc reported income of $138k and spending of $137k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $176k to $138k (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2024, when income dropped by 43%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarks Neck Volunteer Fire Department Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include CBMC Inc ($138k), Sullivan- Hartogh- Davis Cedar Valley Honor Flight Inc ($138k) and General Federation of Womens Clubs ($138k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $630 (0.5% of expenses). At year end it held assets of $874k against liabilities of $0, net assets of $874k.