Wesley Chapel Volunteer Fire Department Inc

Analysis

Wesley Chapel Volunteer Fire Department Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in October 2017, 9 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, Wesley Chapel Volunteer Fire Department Inc reported income of $5.9m and spending of $4.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.9m (+68%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 75% 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, Wesley Chapel Volunteer Fire Department Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Chesapeake Region Safety Council Inc ($5.9m), Industrial Emergency Council ($6.0m) and Lowes Employee Relief Fund Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $15.7m against liabilities of $6.1m, net assets of $9.5m. It reported 129 employees.