Collettsville Volunteer Fire Dept Inc

Analysis

Collettsville Volunteer Fire Dept Inc is a registered charity in United States, based in Collettsville, NC. It received its IRS tax-exemption ruling in February 2012, 14 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 May 2024, Collettsville Volunteer Fire Dept Inc reported income of $877k and spending of $352k, leaving 60% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $395k to $877k (+122%), an average of +22% a year. The sharpest change came in the year to May 2023, when income rose by 77%. Over the whole period it spent 67% 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, Collettsville Volunteer Fire Dept Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Corazon Latino Inc ($876k), Alliance for Community Solutions Ltd ($878k) and Kimberton Fire Company ($872k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $5.2m against liabilities of $963k, net assets of $4.3m. It reported 25 employees.