West Iredell Volunteer Fire Department Incorporated

Analysis

West Iredell Volunteer Fire Department Incorporated is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in July 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, West Iredell Volunteer Fire Department Incorporated reported income of $718k and spending of $701k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $466k to $718k (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 106% 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, West Iredell Volunteer Fire Department Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Indian Lake Volunteer Ambulance Corp Inc ($717k), Rockport Volunteer Fire Dept Inc ($720k) and Fryeburg Rescue Association ($717k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $252k. At year end it held assets of $590k against liabilities of $24k, net assets of $566k. It reported 22 employees.