CSCharityScored
64

Farmers Mutual Fire Insurance Company Of Cleveland County

Other · Shelby, North Carolina

102 N Washington St, Shelby, NC 28150-4653

EIN: 560473262· Founded: Nov 1992· 34 years active· Filing Year: 2023

Annual Revenue

$536K

Total Expenses

$747K

Total Assets

$2.3M

Program Spending

56%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$50K

6.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$96K

Total Payroll

$146K

20% of total expenses

Where the Money Goes

56%
Programs: 56%
Payroll: 20%
Other overhead: 44%
Program Revenue$421K (78%)
Total Expenses$747K (100%)
Payroll$146K (20%)
Overhead (non-program)44%

Trust Score Breakdown

Program Spending Ratio

56% of expenses go to programs

40%

Revenue & Stability

$536K annual revenue

15%

Executive Compensation

$50K total officer comp (6.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.3M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.