Swepsonville Volunteer Fire Department

Analysis

Swepsonville Volunteer Fire Department is a registered charity in United States, based in Graham, NC. It received its IRS tax-exemption ruling in July 1957, 69 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, Swepsonville Volunteer Fire Department reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.4m (+15%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 80% 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, Swepsonville Volunteer Fire Department sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Dana Volunteer Fire Department Inc ($1.4m), Midway Fire & Rescue Department Inc ($1.4m) and Suncoast Safety Council Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $64k (5.7% of expenses). Other salaries and wages came to $295k. At year end it held assets of $5.4m against liabilities of $243k, net assets of $5.2m. It reported 52 employees.