DMW Volunteer Fire Department Inc

Analysis

DMW Volunteer Fire Department Inc is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in August 1987, 39 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, DMW Volunteer Fire Department Inc reported income of $222k and spending of $139k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $169k to $222k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 173%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, DMW Volunteer Fire Department Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Family Promise Chicago North Shore ($222k), Angels Giving Back ($222k) and Little League Baseball Inc ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. It paid $50 in professional fundraising fees. At year end it held assets of $714k against liabilities of $83k, net assets of $631k.