Ferguson Volunteer Fire Dept

Analysis

Ferguson Volunteer Fire Dept is a registered charity in United States, based in Ferguson, NC. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 December 2023, Ferguson Volunteer Fire Dept reported income of $174k and spending of $74k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $174k to $174k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ferguson Volunteer Fire Dept sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Corale B Workum TR Uw Decd ($174k), Hominy Valley Recreation Park Inc ($174k) and The Malibu Community Labor Exchange ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.