Faucette Township Volunteer Fire Department Inc

Analysis

Faucette Township Volunteer Fire Department Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in August 1981, 45 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, Faucette Township Volunteer Fire Department Inc reported income of $762k and spending of $683k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $501k to $762k (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 92% 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, Faucette Township Volunteer Fire Department Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Taunton Volunteer Fire Department Inc ($761k), G V W Volunteer Fire Department ($762k) and National Institute for Public Safety Health Inc ($761k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $61k (9.0% of expenses). Other salaries and wages came to $200k. At year end it held assets of $896k against liabilities of $68k, net assets of $828k. It reported 47 employees.