NW Volunteer Fire-Rescue Dept Inc

Analysis

NW Volunteer Fire-Rescue Dept Inc is a registered charity in United States, based in Leland, NC. It received its IRS tax-exemption ruling in July 2010, 16 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, NW Volunteer Fire-Rescue Dept Inc reported income of $892k and spending of $902k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $562k to $892k (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 97% 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, NW Volunteer Fire-Rescue Dept Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Laurel Lake Volunteer Fire and Rescue Company Inc ($891k), Town of Columbus Fire Department Inc ($894k) and Trenton Volunteer Fire Department Inc ($889k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $181k (20% of expenses). Other salaries and wages came to $55k. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $107k. It reported 4 employees.