Princeton Volunteer Fire Department Incorporated

Analysis

Princeton Volunteer Fire Department Incorporated is a registered charity in United States, based in Princeton, NC. It received its IRS tax-exemption ruling in June 2014, 12 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, Princeton Volunteer Fire Department Incorporated reported income of $557k and spending of $318k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $264k to $557k (+111%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 42%. 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, Princeton Volunteer Fire Department Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Town & Country Fire Department Inc ($557k), Pimlico Rural Volunteer Fire Department ($558k) and Union Fire Association of Lower Merion ($557k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 70% of the total. At year end it held assets of $2.1m against liabilities of $564k, net assets of $1.6m.