Norlina Volunteer Fire Department Inc

Analysis

Norlina Volunteer Fire Department Inc is a registered charity in United States, based in Norlina, 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 (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, Norlina Volunteer Fire Department Inc reported income of $617k and spending of $294k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $179k to $617k (+245%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 54% 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, Norlina Volunteer Fire Department Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Wachapreague Volunteer Fire Co Inc ($617k), Nebo Volunteer Fire Department Inc ($618k) and Lake Harmony Rescue Squad and Ambulance Corps Inc ($616k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. Other salaries and wages came to $29k. At year end it held assets of $1.0m against liabilities of $1,165, net assets of $1.0m. It reported 7 employees.