Lake Tillery Fire and Rescue Inc

Analysis

Lake Tillery Fire and Rescue Inc is a registered charity in United States, based in Mount Gilead, NC. It received its IRS tax-exemption ruling in November 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lake Tillery Fire and Rescue Inc reported income of $346k and spending of $260k, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $219k to $346k (+58%), an average of +9.6% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 67% 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, Lake Tillery Fire and Rescue Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Millersburg Fire Company No 1 ($346k), Moon Run Volunteer Fire Co of Robinson Township ($346k) and Wichita West Volunteer Fire Department Inc ($346k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.