Odell Volunteer Fire Department Inc

Analysis

Odell Volunteer Fire Department Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in September 1983, 43 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, Odell Volunteer Fire Department Inc reported income of $1.7m and spending of $1.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.7m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 80% 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, Odell Volunteer Fire Department Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Leesburg Volunteer Fire Company ($1.7m), Westarea Volunteer Fire Department Inc ($1.7m) and Puerto Rico Rises Corp ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $593k. At year end it held assets of $5.1m against liabilities of $773k, net assets of $4.4m. It reported 51 employees.