North Central Alamance Fire Department Inc

Analysis

North Central Alamance Fire Department Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in June 1988, 38 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, North Central Alamance Fire Department Inc reported income of $258k and spending of $168k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $167k to $258k (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 45%. 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, North Central Alamance Fire Department Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Hackensack Area Fire & Rescue Department ($258k), Casville Volunteer Fire Department Inc ($258k) and Kashmiri American Society for Healthcare Medical Education and R ($257k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $5,400 (3.2% of expenses). Other salaries and wages came to $34k. At year end it held assets of $948k against liabilities of $219k, net assets of $729k. It reported 2 employees.