M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 561320833ยท Ruling Year: 2022

Drowning Creek Volunteer Fire Dept Inc

Hickory, North Carolina

B-Health Score
48B-

Financial Health Score

Provisional

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

๐Ÿ’ฐ
$136K
Total Revenue
๐Ÿ“Š
$106K
Total Expenses
๐Ÿฆ
$298K
Net Assets
๐Ÿ“‹
$210K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+46.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+22.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.82
Net assets divided by total expenses
Liabilities-to-Assets
41.3%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$135,624โ†‘46%$105,810โ†‘59%$508,012โ†‘98%
2022$92,708$66,613$256,441

Frequently Asked Questions

What does Drowning Creek Volunteer Fire Dept Inc do?โ–ผ

Drowning Creek Volunteer Fire Dept Inc is a public safety, disaster preparedness & relief nonprofit organization based in North Carolina. It is classified under NTEE code M23 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Drowning Creek Volunteer Fire Dept Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Drowning Creek Volunteer Fire Dept Inc.

How much revenue does Drowning Creek Volunteer Fire Dept Inc generate?โ–ผ

Drowning Creek Volunteer Fire Dept Inc reports $127K in annual revenue and holds $447K in total assets, based on IRS filings.

Drowning Creek Volunteer Fire Dept Inc โ€” Hickory, NC | GiveScope