South Lynches Fire District

Analysis

South Lynches Fire District is a registered charity in United States, based in Lake City, SC. It received its IRS tax-exemption ruling in July 2003, 23 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 2022, South Lynches Fire District reported income of $900k and spending of $945k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $784k to $900k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 15%. 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, South Lynches Fire District sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Phoenix Police Foundation Inc ($900k), Newburg Volunteer Rescue Squad and Fire Department Inc ($901k) and Hudson Volunteer Fire Department Inc ($900k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Other salaries and wages came to $230k. At year end it held assets of $689k against liabilities of $8,125, net assets of $681k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.