Linville Volunteer Fire Department Capital Fund Inc

Analysis

Linville Volunteer Fire Department Capital Fund Inc is a registered charity in United States, based in Linville, NC. It received its IRS tax-exemption ruling in March 1997, 29 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, Linville Volunteer Fire Department Capital Fund Inc reported income of $224k and spending of $155k, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $225k to $224k (-0.4%), an average of -0.1% a year. Over the whole period it spent 90% 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, Linville Volunteer Fire Department Capital Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Ironside Volunteer Rescue Squad Inc ($224k), Hawtree Volunteer Fire Department Inc ($225k) and Oronoco Fire Fighters Relief Assoc ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $482k against liabilities of $0, net assets of $482k.