Laurel Hill Fire Department Inc

Analysis

Laurel Hill Fire Department Inc is a registered charity in United States, based in Laurel Hill, NC. It received its IRS tax-exemption ruling in May 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 2024, Laurel Hill Fire Department Inc reported income of $106k and spending of $118k, spending 112% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $89k to $106k (+19%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurel Hill Fire Department Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Silver Lining Charitable Foundation Inc ($106k), Institute of Classical Architecture and Art Inc ($106k) and Childrens Cabinet Foundation Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.