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North Carolina · Nonprofit

CHERRY LANE VOLUNTEER FIRE DEPT INC

CHERRY LANE VOLUNTEER FIRE DEPT INC (North Carolina) receives grants from 7 organizations whose IRS filings report $50,100 to it, the largest being PATRICIA E & JOHN D BASSETT III FOUNDATION ($23,500). 5 of them have funded it in more than one year.

Revenue FY2025
$450k
Funders on record
7
Grants received
$50k
Net assets
$2.3M
5/7 repeat funderspeak grant-dependency 3%
01What it does

What Cherry Lane Volunteer Fire Dept Inc does

Mission

To provide fire protection services and basic emergency medical services to their community when ever needed

As stated on its FY2025 Form 990.

Program

  1. The organization answered all calls for service timely and efficiently in accordance with all state standards for volunteer fire departments. The organization maintained their insurance rating so the community they served qualified for a discount on their fire insurance policies. They provided all service whenever requested and as needed to the best of their abilities equally to everyone.

    $337,452 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $337,452.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($236k) Expenses 100 ($165k) Net assets 100 ($1.3M)2018 Revenue 64 ($150k) Expenses 106 ($176k) Net assets 98 ($1.2M)2019 Revenue 79 ($186k) Expenses 128 ($211k) Net assets 96 ($1.2M)2020 Revenue 70 ($165k) Expenses 87 ($144k) Net assets 98 ($1.2M)2021 Revenue 92 ($218k) Expenses 122 ($201k) Net assets 104 ($1.3M)2022 Revenue 143 ($337k) Expenses 98 ($162k) Net assets 115 ($1.5M)2023 Revenue 217 ($512k) Expenses 166 ($275k) Net assets 135 ($1.7M)2024 Revenue 312 ($735k) Expenses 168 ($278k) Net assets 171 ($2.2M)2025 Revenue 191 ($450k) Expenses 248 ($410k) Net assets 180 ($2.3M)
'17'18'19'20'21'22'23'24'25
Revenue (191)Expenses (248)Net assets (180)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.7M to $2.2M (+29%).

$1.3M
$1.2M
$1.2M
$1.2M
$1.3M
$1.5M
$1.7M
$2.2M
$2.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 49% · 2018 36% · 2019 48% · 2020 40% · 2021 84% · 2022 77% · 2023 70% · 2024 88% · 2025 57%. Grants only. Government contracts and fees sit inside program revenue.

97% of CHERRY LANE VOLUNTEER FIRE DEPT INC’s revenue is contributions — more donation-reliant than the typical peer (75% for the typical peer).

This organization
Typical peer · 5,485 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$71k
’17
−$26k
’18
−$25k
’19
$21k
’20
$17k
’21
$175k
’22
$238k
’23
$456k
’24
$40k
’25
31
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed121212121212101012
Joined·+0+0+0+9+0+1+0+5
No longer listed·00090303
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $2k → $14k.

From the IRS filings of CHERRY LANE VOLUNTEER FIRE DEPT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CHERRY LANE VOLUNTEER FIRE DEPT INC leans on a few funders — its largest provides 47% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

47%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2017 67% · 2018 78% · 2019 56% · 2020 80% · 2021 57% · 2022 45% · 2023 71% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CHERRY LANE VOLUNTEER FIRE DEPT INC draws 66% of its grant income from funders outside North Carolina, across 3 states in all.

VA
NC
AL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CHERRY LANE VOLUNTEER FIRE DEPT INC holds deeper cash reserves than three-quarters of the 3,014 public safety & disaster nonprofits its size.

Operating margin9% · below the median
Months of reserve30.5mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 3,014 public safety & disaster nonprofits $100k–$1M, FY2025

Organizations like CHERRY LANE VOLUNTEER FIRE DEPT INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 12%Fundraising 6%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for CHERRY LANE VOLUNTEER FIRE DEPT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CHERRY LANE VOLUNTEER FIRE DEPT INC?
CHERRY LANE VOLUNTEER FIRE DEPT INC (North Carolina) receives grants from 7 organizations whose IRS filings report $50,100 to it, the largest being PATRICIA E & JOHN D BASSETT III FOUNDATION ($23,500). 5 of them have funded it in more than one year.
How many funders does CHERRY LANE VOLUNTEER FIRE DEPT INC have?
IRS filings report 7 organizations giving $50,100 in grants to CHERRY LANE VOLUNTEER FIRE DEPT INC, 5 of which have funded it in more than one year.
Who is the largest funder of CHERRY LANE VOLUNTEER FIRE DEPT INC?
PATRICIA E & JOHN D BASSETT III FOUNDATION is the largest funder on record, with $23,500 in grants. The full list of funders is on this page.
How can an organization like CHERRY LANE VOLUNTEER FIRE DEPT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Cherry Lane Volunteer Fire Dept →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing