Oak Wolfe Fire Department

Analysis

Oak Wolfe Fire Department is a registered charity in United States, based in Mount Olive, NC. It received its IRS tax-exemption ruling in April 2013, 13 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 December 2023, Oak Wolfe Fire Department reported income of $240k and spending of $120k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $240k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 56% 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, Oak Wolfe Fire Department sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Justice Rural Volunteer Fire Association Inc ($240k), Pine Ridge Volunteer Fire Department ($240k) and Racing for Relief Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.