Faison Fire & Rescue Inc

Analysis

Faison Fire & Rescue Inc is a registered charity in United States, based in Faison, NC. It received its IRS tax-exemption ruling in August 2024, 2 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 2024, Faison Fire & Rescue Inc reported income of $371k and spending of $592k, spending 159% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $276k to $371k (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 115%. Over the whole period it spent 103% 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, Faison Fire & Rescue Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Arklatex Safety Council Inc ($371k), Barboursville Volunteer Fire Company ($372k) and North Bailey Fire Company Inc ($371k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $129k. At year end it held assets of $1.6m against liabilities of $407k, net assets of $1.2m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.