Propst Cross Roads Volunteer Fire Department 5

Analysis

Propst Cross Roads Volunteer Fire Department 5 is a registered charity in United States, based in Newton, NC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Propst Cross Roads Volunteer Fire Department 5 reported income of $385k and spending of $335k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $246k to $385k (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 82% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Propst Cross Roads Volunteer Fire Department 5 sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Posey Township Clay County Volunteer Fire Dept Inc ($384k), Tichigan Volunteer Fire Company Inc ($385k) and Frazeysburg Vol Fire Department ($384k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $914k against liabilities of $93k, net assets of $821k.