Tyro Rural Fire Department Incorporated

Analysis

Tyro Rural Fire Department Incorporated is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in February 1982, 44 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 April 2023, Tyro Rural Fire Department Incorporated reported income of $619k and spending of $366k, leaving 41% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $337k to $619k (+83%), an average of +22% a year. The sharpest change came in the year to April 2023, when income rose by 49%. Over the whole period it spent 84% 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, Tyro Rural Fire Department Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Ontario Volunteer Emergency Squad ($618k), East Gaston Volunteer Fire Department Inc ($619k) and Nebo Volunteer Fire Department Inc ($618k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $123k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 20 employees.