Agriculture Center Volunteer Fire Department Inc

Analysis

Agriculture Center Volunteer Fire Department Inc is a registered charity in United States, based in Dallas, NC. It received its IRS tax-exemption ruling in August 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, Agriculture Center Volunteer Fire Department Inc reported income of $929k and spending of $836k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $359k to $929k (+159%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 90% 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, Agriculture Center Volunteer Fire Department Inc 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 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Global Catalytic Network ($922k), Montgomery County Fire Chiefs Association ($930k) and Herbert Wallace Memorial Volunteer Fire Co ($922k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $356k. At year end it held assets of $550k against liabilities of $15k, net assets of $536k. It reported 36 employees.