Cedar Mountain Volunteer Fire

Analysis

Cedar Mountain Volunteer Fire is a registered charity in United States, based in Cedar MTN, NC. It received its IRS tax-exemption ruling in November 1986, 40 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 2023, Cedar Mountain Volunteer Fire reported income of $467k and spending of $461k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $509k to $467k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Mountain Volunteer Fire sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Triton Hose Co of Tunkhannock No 1 ($467k), Agronomic Science Foundation Inc ($467k) and Vets Helping Vets Anderson ($467k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.3m against liabilities of $675k, net assets of $575k. It reported 6 employees.