Altamahaw-Ossipee Fire Department

Analysis

Altamahaw-Ossipee Fire Department is a registered charity in United States, based in Elon, NC. It received its IRS tax-exemption ruling in October 2019, 7 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, Altamahaw-Ossipee Fire Department reported income of $954k and spending of $657k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $645k to $954k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 78% 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, Altamahaw-Ossipee Fire Department sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include No Boundaries International Inc ($953k), Bostian Heights Fire Dept Inc ($954k) and Saint Michaels College Fire and Rescue Inc ($953k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $305k. At year end it held assets of $2.4m against liabilities of $973k, net assets of $1.4m. It reported 15 employees.