Crains Creek Volunteer Fire Department

Analysis

Crains Creek Volunteer Fire Department is a registered charity in United States, based in Vass, NC. It received its IRS tax-exemption ruling in December 2000, 26 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Crains Creek Volunteer Fire Department reported income of $517k and spending of $416k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $418k to $517k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crains Creek Volunteer Fire Department sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include 931-933 Columbus Avenue Housing Development Fund Corporation ($517k), Pacific Youth Correctional Ministries ($517k) and Boy Scouts of America ($517k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 73% of the total. Other salaries and wages came to $133k. At year end it held assets of $857k against liabilities of $534k, net assets of $323k. It reported 12 employees.