West Lexington Volunteer Fire and Rescue Department Inc
Analysis
West Lexington Volunteer Fire and Rescue Department Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in December 2007, 19 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 April 2024, West Lexington Volunteer Fire and Rescue Department Inc reported income of $590k and spending of $541k, spending 92% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $308k to $590k (+92%), an average of +18% a year. The sharpest change came in the year to April 2023, when income rose by 34%. Over the whole period it spent 89% 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 Lexington Volunteer Fire and Rescue Department Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Tabernacle Volunteer Fire Dept ($588k), East Greenville Fire Co-1 ($591k) and South Robeson Rescue Unit ($588k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $253k. At year end it held assets of $1.5m against liabilities of $465k, net assets of $1.0m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tabernacle Volunteer Fire Dept | Trinity | $588k |
| East Greenville Fire Co-1 | E Greenville | $591k |
| South Robeson Rescue Unit | Fairmont | $588k |
| Tri-Community Volunteer Fire District | Bridgeton | $591k |