Wyse Fork Volunteer Fire Department Inc

Analysis

Wyse Fork Volunteer Fire Department Inc is a registered charity in United States, based in Dover, NC. It received its IRS tax-exemption ruling in February 1984, 42 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 2024, Wyse Fork Volunteer Fire Department Inc reported income of $237k and spending of $175k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $382k to $237k (-38%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 62% 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, Wyse Fork Volunteer Fire Department Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Hianloland Fire Company ($236k), Western Wayne County Mutual Aid Association ($237k) and King County Search and Rescue Association ($236k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.0m against liabilities of $307k, net assets of $727k.