Corinth Volunteer Fire Department Inc

Analysis

Corinth Volunteer Fire Department Inc is a registered charity in United States, based in Oxford, NC. It received its IRS tax-exemption ruling in February 1992, 34 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 December 2023, Corinth Volunteer Fire Department Inc reported income of $228k and spending of $346k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $228k (+147%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 77% 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, Corinth Volunteer Fire Department Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Tunnelton Volunteer Fire Dept ($228k), Elkton Volunteer Fire Co Inc ($228k) and Anthon Community Fire Department ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.4m against liabilities of $189k, net assets of $1.2m.