Conetoe Volunteer Fire Company

Analysis

Conetoe Volunteer Fire Company is a registered charity in United States, based in Conetoe, NC. It received its IRS tax-exemption ruling in January 2002, 24 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 2024, Conetoe Volunteer Fire Company reported income of $160k and spending of $156k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $514k to $160k (-69%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 126% 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, Conetoe Volunteer Fire Company sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Maxim Charitable Foundation Inc ($160k), Point Breeze Volunteer Fire Association ($160k) and Saratoga County Deputy Sheriffs Pba ($160k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.