The Upper Hominy Volunteer Fire and Rescue Department Incorporated

Analysis

The Upper Hominy Volunteer Fire and Rescue Department Incorporated is a registered charity in United States, based in Candler, NC. It received its IRS tax-exemption ruling in February 2011, 15 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, The Upper Hominy Volunteer Fire and Rescue Department Incorporated reported income of $1.4m and spending of $1.6m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $870k to $1.4m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 111% 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, The Upper Hominy Volunteer Fire and Rescue Department Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Idaho Sheriffs Association Inc ($1.4m), Bloomsburg Volunteer Ambulance Association ($1.4m) and Hamburg Emergency Medical Services Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $83k (5.0% of expenses). Other salaries and wages came to $817k. At year end it held assets of $3.7m against liabilities of $2.2m, net assets of $1.6m. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.