Grassy Pond Volunteer Fire Department Inc

Analysis

Grassy Pond Volunteer Fire Department Inc is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in October 1978, 48 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, Grassy Pond Volunteer Fire Department Inc reported income of $308k and spending of $280k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $250k to $308k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 104% 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, Grassy Pond Volunteer Fire Department Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Prichard Volunteer Fire Dept ($308k), Collaborating Agencies Disaster Relief Effort ($308k) and The Foundation for Youth Firearms Safety Inc ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $22k. It paid $50 in professional fundraising fees. At year end it held assets of $653k against liabilities of $4,393, net assets of $648k. It reported 4 employees.