Walkertown Volunteer Fire Department Incorporated

Analysis

Walkertown Volunteer Fire Department Incorporated is a registered charity in United States, based in Walkertown, NC. It received its IRS tax-exemption ruling in May 1976, 50 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, Walkertown Volunteer Fire Department Incorporated reported income of $1.6m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $915k to $1.6m (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 79% 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, Walkertown Volunteer Fire Department Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Westwood Fire Company 1 ($1.6m), Charlotte-Mecklenburg Police Foundation ($1.6m) and Deaf & Hearing Impaired Service Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 88% of the total. Other salaries and wages came to $610k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 44 employees.