Spring Creek Volunteer Fire Department Inc

Analysis

Spring Creek Volunteer Fire Department Inc is a registered charity in United States, based in Hot Springs, NC. It received its IRS tax-exemption ruling in August 2000, 26 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 2023, Spring Creek Volunteer Fire Department Inc reported income of $120k and spending of $86k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $91k to $120k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 82% 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, Spring Creek Volunteer Fire Department Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Town of Chemung Volunteer Fire Company Inc ($120k), Matamoras Fire Department Inc ($120k) and North Bellmore Exempt Volunteer Firemens Benevolent Association in ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.