State Road Volunteer Fire Department Inc

Analysis

State Road Volunteer Fire Department Inc is a registered charity in United States, based in State Road, NC. It received its IRS tax-exemption ruling in April 2022, 4 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, State Road Volunteer Fire Department Inc reported income of $279k and spending of $192k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $226k to $279k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 72% 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, State Road Volunteer Fire Department Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Western Albemarle Rescue Squad Foundation ($279k), Parish Vol Fire Co Inc ($279k) and Tennessee Regional Safety Council Inc ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.8m against liabilities of $348k, net assets of $2.4m.