Vanceboro Rural Volunteer Fire Dept Inc

Analysis

Vanceboro Rural Volunteer Fire Dept Inc is a registered charity in United States, based in Vanceboro, NC. It received its IRS tax-exemption ruling in July 2007, 19 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, Vanceboro Rural Volunteer Fire Dept Inc reported income of $348k and spending of $327k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $292k to $348k (+19%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 160% 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, Vanceboro Rural Volunteer Fire Dept Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Mineral Springs Volunteer Fire and Rescue Inc ($347k), Colonial Beach Volunteer Fire Department Inc ($348k) and St Florian Fire & Burn Foundation ($347k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.9m against liabilities of $389k, net assets of $1.5m.