Fountaintown Fire Department Inc

Analysis

Fountaintown Fire Department Inc is a registered charity in United States, based in Chinquapin, NC. It received its IRS tax-exemption ruling in June 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Fountaintown Fire Department Inc reported income of $210k and spending of $115k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $145k to $210k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 55% 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, Fountaintown Fire Department Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Yanceyville Road Volunteer Fire Department Inc ($210k), Rivers End Volunteer Fire Dept ($210k) and Dover Volunteer Fire Department Inc ($210k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $542k against liabilities of $63k, net assets of $478k.