Flat Branch Volunteer Fire Dept

Analysis

Flat Branch Volunteer Fire Dept is a registered charity in United States, based in Bunnlevel, NC. It received its IRS tax-exemption ruling in May 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 2024, Flat Branch Volunteer Fire Dept reported income of $775k and spending of $718k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $445k to $775k (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 89% 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, Flat Branch Volunteer Fire Dept sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Green Pond Volunteer Fire Dept Inc ($775k), Cresson Volunteer Fire Company ($776k) and South Fork Volunteer Fire Dept of Lincoln County Inc ($774k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 91% of the total. Other salaries and wages came to $273k. At year end it held assets of $1.9m against liabilities of $335k, net assets of $1.5m. It reported 15 employees.