McGrady Volunteer Fire Department Inc

Analysis

McGrady Volunteer Fire Department Inc is a registered charity in United States, based in MC Grady, NC. It received its IRS tax-exemption ruling in January 2012, 14 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, McGrady Volunteer Fire Department Inc reported income of $113k and spending of $100k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $148k to $113k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 90% 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, McGrady Volunteer Fire Department Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Triangle Volunteer Fire Department ($113k), Bentonville Volunteer Firedepartment Inc ($114k) and New Vienna & Luxembourg Community Fire Department Inc ($113k).

At year end it held assets of $174k against liabilities of $0, net assets of $174k.