Hoffman Fire Department and Rescue Squad Inc

Analysis

Hoffman Fire Department and Rescue Squad Inc is a registered charity in United States, based in Hoffman, NC. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hoffman Fire Department and Rescue Squad Inc reported income of $127k and spending of $97k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $175k to $127k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hoffman Fire Department and Rescue Squad Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Hank Poore Foundation ($127k), His Healing Hands Urgent Care Center Inc ($127k) and Arm of Care Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $492k against liabilities of $0, net assets of $492k.