Double Creek Volunteer Fire Department Inc

Analysis

Double Creek Volunteer Fire Department Inc is a registered charity in United States, based in Pinnacle, NC. It received its IRS tax-exemption ruling in August 1991, 35 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, Double Creek Volunteer Fire Department Inc reported income of $651k and spending of $329k, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $191k to $651k (+241%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 65% 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, Double Creek Volunteer Fire Department Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Bike Walk Central Florida Inc ($650k), Plymouth Fire Company 1 ($651k) and Palm Beach First Responders Foundation Inc ($650k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $31k. At year end it held assets of $676k against liabilities of $0, net assets of $676k. It reported 6 employees.