Cerro Gordo Volunteer Fire Department and Rescue Squad Inc

Analysis

Cerro Gordo Volunteer Fire Department and Rescue Squad Inc is a registered charity in United States, based in Cerro Gordo, NC. It received its IRS tax-exemption ruling in March 2009, 17 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, Cerro Gordo Volunteer Fire Department and Rescue Squad Inc reported income of $401k and spending of $353k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $307k to $401k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 103% 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, Cerro Gordo Volunteer Fire Department and Rescue Squad Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Tinton Falls Emergency Medical Services Inc ($401k), Adell-Whitt Volunteer Fire Department ($401k) and Littleton Volunteer Fire Department Inc ($401k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $144k. At year end it held assets of $321k against liabilities of $5,003, net assets of $316k. It reported 7 employees.