Winnabow Volunteer Fire Department Inc

Analysis

Winnabow Volunteer Fire Department Inc is a registered charity in United States, based in Winnabow, NC. It received its IRS tax-exemption ruling in March 2006, 20 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, Winnabow Volunteer Fire Department Inc reported income of $823k and spending of $922k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $552k to $823k (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 246%. Over the whole period it spent 60% 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, Winnabow Volunteer Fire Department Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Frostburg Fire Department No 1 Inc ($822k), Fairbanks Ski Coalition ($824k) and United Communities Vol Fire Dept Incorporated Romancoke ($821k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Other salaries and wages came to $162k. At year end it held assets of $7.0m against liabilities of $4.1m, net assets of $2.8m. It reported 17 employees.