Stony Point Volunteer Fire Dept

Analysis

Stony Point Volunteer Fire Dept is a registered charity in United States, based in Stony Point, NC. It received its IRS tax-exemption ruling in July 2017, 9 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, Stony Point Volunteer Fire Dept reported income of $485k and spending of $526k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $447k to $485k (+8.6%), an average of +1.7% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 85% 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, Stony Point Volunteer Fire Dept sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Central United States Earthquake Consortium ($485k), Hope Restored ($486k) and Safe Corridors ($485k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $1.4m against liabilities of $184k, net assets of $1.2m. It reported 7 employees.