Sauratown Volunteer Fire Department Incorporated

Analysis

Sauratown Volunteer Fire Department Incorporated is a registered charity in United States, based in King, NC. It received its IRS tax-exemption ruling in October 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2024, Sauratown Volunteer Fire Department Incorporated reported income of $394k and spending of $309k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $307k to $394k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sauratown Volunteer Fire Department Incorporated sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Mississippi Forestry Foundation Inc ($394k), Gospel Heritage Foundation ($394k) and Brad-Mar Pine Athletic Assoc ($394k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $15k (4.7% of expenses). Other salaries and wages came to $30k. At year end it held assets of $603k against liabilities of $1,728, net assets of $601k. It reported 5 employees.