Richfield Misenheimer Fire Department Incorporated

Analysis

Richfield Misenheimer Fire Department Incorporated is a registered charity in United States, based in Richfield, NC. It received its IRS tax-exemption ruling in February 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 (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 2024, Richfield Misenheimer Fire Department Incorporated reported income of $325k and spending of $236k, leaving 28% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $229k to $325k (+42%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 88% 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, Richfield Misenheimer Fire Department Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Williamstown Area Emergency Medical Services Inc ($325k), Bareville Fire Company No 1 ($326k) and Susquehanna Fire Department Inc ($325k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 64% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.1m against liabilities of $11k, net assets of $1.1m. It reported 7 employees.