Silk Hope Volunteer Fire Department Inc
Siler City, North Carolina
A-Health Score
79A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$701K
Total Revenue
📊
$417K
Total Expenses
🏦
$2.4M
Net Assets
📋
$197K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+19.9%
Year-over-year change (2022 → 2023)
Net Margin
+40.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.79
Net assets divided by total expenses
Liabilities-to-Assets
7.5%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $701,112↑20% | $417,318↑1% | $2,611,227↑6% | — |
| 2022 | $584,965↑21% | $412,746↑6% | $2,457,433↑3% | — |
| 2021 | $482,873↑2% | $390,394 | $2,393,825↓3% | — |
| 2020 | $471,720↑6% | $388,830↑1% | $2,467,242↑1% | — |
| 2019 | $446,424↑2% | $384,676↑34% | $2,431,912↓2% | — |
| 2018 | $437,286↑16% | $286,322↑9% | $2,469,972↑3% | — |
| 2017 | $378,546↑5% | $261,984↑8% | $2,407,619 | — |
| 2016 | $361,398↓1% | $243,411↓18% | $2,396,493↑2% | — |
| 2015 | $365,456↓2% | $298,490↓15% | $2,356,302↓7% | — |
| 2013 | $373,887↑8% | $353,036↑5% | $2,525,488↓2% | — |
| 2012 | $346,916↑16% | $335,354↓14% | $2,582,462↓2% | — |
| 2011 | $298,600 | $389,522 | $2,648,402 | — |
Frequently Asked Questions
What does Silk Hope Volunteer Fire Department Inc do?▼
Silk Hope Volunteer Fire Department Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Silk Hope Volunteer Fire Department Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Silk Hope Volunteer Fire Department Inc.
How much revenue does Silk Hope Volunteer Fire Department Inc generate?▼
Silk Hope Volunteer Fire Department Inc reports $835K in annual revenue and holds $3.1M in total assets, based on IRS filings.
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