Nebo Volunteer Fire Department Inc

Analysis

Nebo Volunteer Fire Department Inc is a registered charity in United States, based in Nebo, NC. It received its IRS tax-exemption ruling in November 2000, 26 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 March 2023, Nebo Volunteer Fire Department Inc reported income of $618k and spending of $416k, leaving 33% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $453k to $618k (+36%), an average of +11% a year. The sharpest change came in the year to March 2021, when income rose by 22%. Over the whole period it spent 69% 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, Nebo 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 Norlina Volunteer Fire Department Inc ($617k), Ontario Volunteer Emergency Squad ($618k) and Wachapreague Volunteer Fire Co Inc ($617k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.8m against liabilities of $437k, net assets of $1.4m. It reported 1 employees.