Glenwood Volunteer Fire Department

Analysis

Glenwood Volunteer Fire Department is a registered charity in United States, based in Marion, NC. It received its IRS tax-exemption ruling in November 1981, 45 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 June 2023, Glenwood Volunteer Fire Department reported income of $453k and spending of $409k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $371k to $453k (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 85% 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, Glenwood Volunteer Fire Department sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Bell Arthur Ems Inc ($453k), Lower Currituck Volunteer Fire Dept Inc ($453k) and Dan Leghorn Engine Co 1 ($453k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 6 employees.