Oak Hill Fire and Rescue Protection Association Inc

Analysis

Oak Hill Fire and Rescue Protection Association Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in March 2002, 24 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 2023, Oak Hill Fire and Rescue Protection Association Inc reported income of $583k and spending of $330k, leaving 43% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $442k to $583k (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 72% 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, Oak Hill Fire and Rescue Protection Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Greater Springfield Volunteer Fire Department ($583k), Brandon Volunteer Fire Department ($583k) and Enola Fire Company No 3 ($583k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 76% of the total. At year end it held assets of $2.1m against liabilities of $638k, net assets of $1.5m. It reported 12 employees.