Allen Volunteer Fire Department Inc

Analysis

Allen Volunteer Fire Department Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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, Allen Volunteer Fire Department Inc reported income of $768k and spending of $701k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $722k to $768k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2020, when income dropped by 25%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allen Volunteer Fire Department Inc sits at the 74th percentile: it is larger than about 74% 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 Helping Hand Clinic Inc ($768k), Volunters of America Inc ($769k) and Les Dames D Escoffier International Inc ($768k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $329k. At year end it held assets of $934k against liabilities of $157k, net assets of $777k. It reported 30 employees.