Goose Creek Rural Vol Fire Department

Analysis

Goose Creek Rural Vol Fire Department is a registered charity in United States, based in Goose Creek, SC. It received its IRS tax-exemption ruling in September 2021, 5 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 2023, Goose Creek Rural Vol Fire Department reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $812k to $1.1m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, 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, Goose Creek Rural Vol Fire Department sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Wallburg Fire and Rescue Inc ($1.1m), Hancock Rescue Squad Inc ($1.1m) and Piney Grove Volunteer Fire Department Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $22k (2.0% of expenses). Other salaries and wages came to $362k. At year end it held assets of $2.1m against liabilities of $1.6m, net assets of $485k. It reported 58 employees.