Fairview Volunteer Fire Department Incorporated Buncombe County

Analysis

Fairview Volunteer Fire Department Incorporated Buncombe County is a registered charity in United States, based in Fairview, NC. It received its IRS tax-exemption ruling in March 1980, 46 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 2024, Fairview Volunteer Fire Department Incorporated Buncombe County reported income of $5.1m and spending of $5.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.9m to $5.1m (+33%), an average of +7.4% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairview Volunteer Fire Department Incorporated Buncombe County sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Rainbow School ($5.1m), Benton Franklin Workforce Development Council ($5.1m) and Overview Inc ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $141k (2.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $6.3m against liabilities of $894k, net assets of $5.4m. It reported 54 employees.