Rheasville Volunteer Fire Department

Analysis

Rheasville Volunteer Fire Department is a registered charity in United States, based in Roanoke Rapid, NC. It received its IRS tax-exemption ruling in July 1991, 35 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 2024, Rheasville Volunteer Fire Department reported income of $335k and spending of $284k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $218k to $335k (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rheasville Volunteer Fire Department sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include National Church Residences of ($335k), L E Woodward Community Mental Health Services Company Inc ($335k) and Tuskegee Area Health Education Center ($335k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $4,860. At year end it held assets of $1.9m against liabilities of $223k, net assets of $1.6m. It reported 2 employees.