North Eastern Alamance Volunteer Fire Department Inc

Analysis

North Eastern Alamance Volunteer Fire Department Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in December 1976, 50 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 Eastern Alamance Volunteer Fire Department Inc reported income of $624k and spending of $361k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $401k to $624k (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 73% 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 Eastern Alamance 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 Oak Grove Volunteer Fire Dept Inc ($623k), Central School Volunteer Fire Department Inc ($624k) and Joshua Collingsworth Memorial Foundation ($623k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 87% of the total. Other salaries and wages came to $56k. At year end it held assets of $2.2m against liabilities of $204k, net assets of $2.0m. It reported 11 employees.