West Yadkin Volunteer Fire Dept Inc

Analysis

West Yadkin Volunteer Fire Dept Inc is a registered charity in United States, based in Hamptonville, NC. It received its IRS tax-exemption ruling in June 1989, 37 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, West Yadkin Volunteer Fire Dept Inc reported income of $409k and spending of $420k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $344k to $409k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Yadkin Volunteer Fire Dept Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Mayacamas Volunteer Fire Department Inc ($409k), Testimonies of Hope Inc ($409k) and Old Adobe School ($409k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $6,258 (1.5% of expenses). Other salaries and wages came to $34k. At year end it held assets of $1.6m against liabilities of $632k, net assets of $1.0m. It reported 8 employees.