Shallotte Point Volunteer Fire Department Inc

Analysis

Shallotte Point Volunteer Fire Department Inc is a registered charity in United States, based in Shallotte, NC. It received its IRS tax-exemption ruling in September 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 (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, Shallotte Point Volunteer Fire Department Inc reported income of $728k and spending of $771k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $618k to $728k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 88% 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, Shallotte Point Volunteer Fire Department Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Sunshine Safety Council Inc ($728k), Staples Cause for Caring Inc ($730k) and Woodside-Portola Valley Fire Foundation ($728k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $460k. At year end it held assets of $1.3m against liabilities of $422k, net assets of $830k. It reported 14 employees.