Pungo River Volunteer Fire Department Inc

Analysis

Pungo River Volunteer Fire Department Inc is a registered charity in United States, based in Pantego, NC. It received its IRS tax-exemption ruling in January 2000, 26 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 December 2023, Pungo River Volunteer Fire Department Inc reported income of $97k and spending of $152k, spending 157% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $229k to $97k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. 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, Pungo River Volunteer Fire Department Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Ladies Auxiliary of the Delawre City Fire Co No 1 ($97k), Wayne Township Volunteer Fire Company ($97k) and Secretary Volunteer Fire Company Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $295k against liabilities of $0, net assets of $295k.