Locke Township Fire Dept

Analysis

Locke Township Fire Dept is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in January 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, Locke Township Fire Dept reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $891k to $1.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 86% 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, Locke Township Fire Dept sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Grindstone Ministries Inc ($1.2m), Calhoun County Association of Firefighters Incorporated ($1.2m) and Central Florida Disaster Medical Coalition Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $498k. At year end it held assets of $2.0m against liabilities of $88k, net assets of $1.9m. It reported 21 employees.