Number Three Volunteer Fire Department Inc

Analysis

Number Three Volunteer Fire Department Inc is a registered charity in United States, based in Grover, NC. It received its IRS tax-exemption ruling in October 2004, 22 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, Number Three Volunteer Fire Department Inc reported income of $613k and spending of $405k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $491k to $613k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 74% 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, Number Three 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 Rawlinsville Fire Company ($613k), Manitowish Waters Fire Company ($614k) and The Cordova Volunteer Firemen Association Inc ($613k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% of the total. Compensation of current officers, directors and key employees was $13k (3.2% of expenses). Other salaries and wages came to $124k. At year end it held assets of $3.0m against liabilities of $1.2m, net assets of $1.8m.