Triple Community Fire Department

Analysis

Triple Community Fire Department is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in August 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Triple Community Fire Department reported income of $450k and spending of $466k, spending 104% of its income. Across the 2 years on record, from June 2021 to June 2023, income grew from $395k to $450k (+14%), an average of +14% a year. Over the whole period it spent 96% 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, Triple Community Fire Department sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Youngstown Volunteer Fire Co ($450k), Ohio Fire & Emergency Services Foundation ($450k) and Hershey Volunteer Fire Co ($450k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Other salaries and wages came to $82k. At year end it held assets of $444k against liabilities of $0, net assets of $444k. It reported 14 employees.