Bandys Crossroads Volunteer Fire Department Incorporated

Analysis

Bandys Crossroads Volunteer Fire Department Incorporated is a registered charity in United States, based in Catawba, NC. It received its IRS tax-exemption ruling in November 2018, 8 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 December 2023, Bandys Crossroads Volunteer Fire Department Incorporated reported income of $1.0m and spending of $869k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $894k to $1.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 90% 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, Bandys Crossroads Volunteer Fire Department Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Junaluska Community Volunteer Fire Dept Inc ($999k), Franklinville Fire Protection Assn Inc ($1.0m) and Kennett Fire Company Number 1 ($998k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $361k. At year end it held assets of $2.9m against liabilities of $888k, net assets of $2.1m. It reported 20 employees.