Frank Volunteer Fire Dept Inc

Analysis

Frank Volunteer Fire Dept Inc is a registered charity in United States, based in Plumtree, NC. It received its IRS tax-exemption ruling in October 1994, 32 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 June 2023, Frank Volunteer Fire Dept Inc reported income of $203k and spending of $196k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $286k to $203k (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frank Volunteer Fire Dept Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Arkansas Rice Depot Inc ($203k), Society of the Episcopal Church for the Advancement of Christianity ($203k) and The Galt Area Historical Society ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 38% of the total. At year end it held assets of $1.6m against liabilities of $914k, net assets of $690k.