Culberson Volunteer Fire Department NC

Analysis

Culberson Volunteer Fire Department NC is a registered charity in United States, based in Culberson, NC. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Culberson Volunteer Fire Department NC reported income of $107k and spending of $134k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $107k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 87% 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, Culberson Volunteer Fire Department NC sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include McKinley Volunteer Firefighters Relief Association ($107k), Johnstown Volunteer Fire Dept ($107k) and Hoover Volunteer Fire Department Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $936k against liabilities of $223k, net assets of $713k.