Tar Heel Rural Volunteer Fire Dept Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 246,180 | 205,290 | 40,890 | 31.9 | 29% |
| 2021 | 278,646 | 250,007 | 28,639 | 27.6 | 30% |
| 2022 | 431,493 | 256,009 | 175,484 | 35.6 | 36% |
| 2023 | 788,162 | 294,103 | 494,059 | 34.9 | 35% |
| 2024 | 967,788 | 417,227 | 550,561 | 40.5 | 25% |
In its most recent public year (2024), this organization brought in $550,561 more than it spent. Its reserves stood at about 40.5 months of spending, up from 31.9 in 2020. Staff pay was 25% of spending. $58,662 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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