Bay Tree Lakes Volunteer Fire Dept Inc

Analysis

Bay Tree Lakes Volunteer Fire Dept Inc is a registered charity in United States, based in Harrells, NC. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bay Tree Lakes Volunteer Fire Dept Inc reported income of $207k and spending of $173k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $117k to $207k (+76%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bay Tree Lakes Volunteer Fire Dept Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include New Light Baptist School of Excellence ($207k), NJ Former Troopers Heritage Foundation ($207k) and Hilltown Village ($207k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 49% of the total. At year end it held assets of $743k against liabilities of $148k, net assets of $595k.