Broad River Volunteer Fire and Rescue Department Inc

Analysis

Broad River Volunteer Fire and Rescue Department Inc is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in February 1978, 48 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, Broad River Volunteer Fire and Rescue Department Inc reported income of $738k and spending of $557k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $390k to $738k (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 191%. Over the whole period it spent 91% 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, Broad River Volunteer Fire and Rescue Department Inc sits at the 89th percentile: it is larger than about 88% 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 Hawaii Bicycling League ($738k), Pikesville Volunteer Fire Company Inc ($739k) and Leipsic Volunteer Fire Company Inc ($737k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $74k. At year end it held assets of $1.8m against liabilities of $703k, net assets of $1.1m. It reported 10 employees.