North Star Volunteer Fire Dept Inc

Analysis

North Star Volunteer Fire Dept Inc is a registered charity in United States, based in North Pole, AK. It received its IRS tax-exemption ruling in June 2003, 23 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, North Star Volunteer Fire Dept Inc reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.7m (-12%), an average of -3.2% a year. Over the whole period it spent 95% 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, North Star Volunteer Fire Dept Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within AK. Charities of a similar size with the same main cause include Elk River Fire & Ambulance Service ($2.6m), Cranston HGTS Fire Co No 1 Inc ($2.7m) and Youngsville Volunteer Fire Department Incorporated ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $214k (9.2% of expenses). Other salaries and wages came to $905k. At year end it held assets of $4.5m against liabilities of $173k, net assets of $4.3m. It reported 20 employees.