Providence Fire & Rescue Inc

Analysis

Providence Fire & Rescue Inc is a registered charity in United States, based in Providence, NC. It received its IRS tax-exemption ruling in March 1992, 34 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 December 2023, Providence Fire & Rescue Inc reported income of $287k and spending of $177k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $324k to $287k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Providence Fire & Rescue Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Aaa Elderly Housing-Heritage Manor of Crossett Inc ($287k), Templo Jerusalem Gate Centro Evangelistico Ad ($287k) and National Christian Charitable Foundation Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. At year end it held assets of $766k against liabilities of $307k, net assets of $459k.