Crouse Volunteer Fire Department Inc

Analysis

Crouse Volunteer Fire Department Inc is a registered charity in United States, based in Lincolnton, NC. It received its IRS tax-exemption ruling in April 2002, 24 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, Crouse Volunteer Fire Department Inc reported income of $394k and spending of $461k, spending 117% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $262k to $394k (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 116% 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, Crouse Volunteer Fire Department Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Citizen CPR Foundation Inc ($394k), Wellsville Fire Company ($395k) and East Sparta Volunteer Fire Dept Inc ($394k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Other salaries and wages came to $210k. At year end it held assets of $433k against liabilities of $160k, net assets of $274k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.