Champion Fire Department

Analysis

Champion Fire Department is a registered charity in United States, based in Ferguson, NC. It received its IRS tax-exemption ruling in June 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Champion Fire Department reported income of $470k and spending of $689k, spending 147% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $368k to $470k (+28%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 2394%. Over the whole period it spent 120% 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, Champion Fire Department sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Hancock Fire Company Inc ($470k), Mansfield Hose Company Inc ($470k) and Pierre Part-Belle River Fire Department Inc ($469k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $9,380 (1.4% of expenses). Other salaries and wages came to $25k. At year end it held assets of $3.0m against liabilities of $2.4m, net assets of $553k. It reported 30 employees.