Lucia River-Bend Volunteer Fire Department Inc

Analysis

Lucia River-Bend Volunteer Fire Department Inc is a registered charity in United States, based in Mount Holly, NC. It received its IRS tax-exemption ruling in November 2018, 8 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, Lucia River-Bend Volunteer Fire Department Inc reported income of $545k and spending of $581k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $421k to $545k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 116% 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, Lucia River-Bend Volunteer Fire Department 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 West End Fire Company of Brodheadsville Pa ($545k), Caughdenoy Volunteer Fire Department Inc ($546k) and Invisible Hands Deliver Inc ($545k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $79k (14% of expenses). At year end it held assets of $725k against liabilities of $51k, net assets of $674k. It reported 12 employees.