Corinth Volunteer Fire Department Inc

Analysis

Corinth Volunteer Fire Department Inc is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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, Corinth Volunteer Fire Department Inc reported income of $243k and spending of $208k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $159k to $243k (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corinth Volunteer Fire Department Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Cancer Society of St Joseph County Inc ($243k), South Texas Youth Soccer ($243k) and United Fund of Willard Inc ($243k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $31k. At year end it held assets of $491k against liabilities of $84k, net assets of $407k. It reported 12 employees.