Four Oaks Volunteer Fire Department Inc

Analysis

Four Oaks Volunteer Fire Department Inc is a registered charity in United States, based in Four Oaks, NC. It received its IRS tax-exemption ruling in August 1997, 29 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, Four Oaks Volunteer Fire Department Inc reported income of $943k and spending of $617k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $691k to $943k (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 71% 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, Four Oaks 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 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Osolo Fire & Ems Inc ($941k), Freeport Emergency Medical Services Inc ($946k) and Rahway First Aid Emergency Squad ($941k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 58% of the total. Other salaries and wages came to $217k. At year end it held assets of $4.6m against liabilities of $1.1m, net assets of $3.5m.