Waccamaw Volunteer Fire Department and Rescue Squad Inc

Analysis

Waccamaw Volunteer Fire Department and Rescue Squad Inc is a registered charity in United States, based in Ash, NC. It received its IRS tax-exemption ruling in December 1981, 45 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 2023, Waccamaw Volunteer Fire Department and Rescue Squad Inc reported income of $750k and spending of $351k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $455k to $750k (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 106%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waccamaw Volunteer Fire Department and Rescue Squad Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($750k), Samaritan Counseling Center of the Southern Tier Inc ($750k) and Wilmette Baseball Association ($750k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $181k. At year end it held assets of $915k against liabilities of $209k, net assets of $707k. It reported 24 employees.