East Gold Hill VFD Inc

Analysis

East Gold Hill VFD Inc is a registered charity in United States, based in Gold Hill, NC. It received its IRS tax-exemption ruling in November 2017, 9 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, East Gold Hill VFD Inc reported income of $356k and spending of $276k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $202k to $356k (+77%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 93% 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, East Gold Hill VFD Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Safe 2 School ($356k), Memorial Volunteer Fire Company of Chaffee Sardinia ($357k) and Saddletree Volunteer Fire Department ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $64k. At year end it held assets of $865k against liabilities of $247k, net assets of $618k. It reported 10 employees.