Colington Volunteer Fire Dept Inc

Analysis

Colington Volunteer Fire Dept Inc is a registered charity in United States, based in Kill Devil HL, NC. It received its IRS tax-exemption ruling in August 2019, 7 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, Colington Volunteer Fire Dept Inc reported income of $1.4m and spending of $1.1m, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.4m (+34%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 83% 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, Colington Volunteer Fire Dept Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Elevance Health Cares Inc ($1.4m), Princess Anne Volunteer Fire Company Inc ($1.4m) and Northwest Harnett Voluntary Fire Department Inc ($1.4m).

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 $551k. At year end it held assets of $2.7m against liabilities of $219k, net assets of $2.5m. It reported 12 employees.