East Lincoln County Volunteer Fire Dept Inc

Analysis

East Lincoln County Volunteer Fire Dept Inc is a registered charity in United States, based in Stanley, NC. It received its IRS tax-exemption ruling in January 1999, 27 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, East Lincoln County Volunteer Fire Dept Inc reported income of $6.7m and spending of $4.2m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $6.7m (+198%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 142%. Over the whole period it spent 64% 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, East Lincoln County Volunteer Fire Dept Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Safety Council of SW LA ($6.7m), Advanced Medical Transport of Springfield Inc ($6.8m) and United States Bomb Technician Association ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $95k (2.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $14.4m against liabilities of $5.5m, net assets of $8.9m. It reported 56 employees.