Hankins Northfork Volunteer Fire Department

Analysis

Hankins Northfork Volunteer Fire Department is a registered charity in United States, based in Marion, NC. It received its IRS tax-exemption ruling in October 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hankins Northfork Volunteer Fire Department reported income of $327k and spending of $256k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $215k to $327k (+52%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 77% 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, Hankins Northfork Volunteer Fire Department sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Northwood Volunteer Fire Department ($327k), Sheriffs and You Foundation Inc Say ($327k) and City Hook & Ladder Co No 4 ($326k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Other salaries and wages came to $27k. At year end it held assets of $504k against liabilities of $45k, net assets of $459k. It reported 5 employees.