Teachey Volunteer Fire Dept Inc

Analysis

Teachey Volunteer Fire Dept Inc is a registered charity in United States, based in Teachey, NC. It received its IRS tax-exemption ruling in June 2015, 11 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, Teachey Volunteer Fire Dept Inc reported income of $308k and spending of $164k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $186k to $308k (+65%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 57% 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, Teachey Volunteer Fire Dept Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include York Springs Fire Company No 1 ($308k), Crittenden & Community Volunteer Fire Dept Inc ($309k) and Collaborating Agencies Disaster Relief Effort ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (25% of expenses). At year end it held assets of $1.4m against liabilities of $752k, net assets of $618k. It reported 1 employees.