Old Richmond Volunteer Fire Departm Ent and Resue Squad Inc

Analysis

Old Richmond Volunteer Fire Departm Ent and Resue Squad Inc is a registered charity in United States, based in Tobaccoville, NC. It received its IRS tax-exemption ruling in August 2022, 4 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, Old Richmond Volunteer Fire Departm Ent and Resue Squad Inc reported income of $634k and spending of $514k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $489k to $634k (+30%), an average of +6.7% a year. Over the whole period it spent 83% 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, Old Richmond Volunteer Fire Departm Ent and Resue Squad Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Marcellas Community Safehouse Inc ($633k), Pine Level Volunteer Fire Dept Inc ($635k) and Arizona Cyber Threat Response Alliance Inc ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. Other salaries and wages came to $176k. At year end it held assets of $1.8m against liabilities of $165k, net assets of $1.6m. It reported 22 employees.