Franklin Township Fire Department Inc

Analysis

Franklin Township Fire Department Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in May 2009, 17 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, Franklin Township Fire Department Inc reported income of $418k and spending of $386k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $267k to $418k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 76% 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, Franklin Township Fire Department Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Argonaut ($418k), Cabin John Park Volunteer Fire Department Incorpocated ($418k) and Lowell Volunteer Fire Department ($418k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $4,800 (1.2% of expenses). Other salaries and wages came to $125k. At year end it held assets of $1.3m against liabilities of $317k, net assets of $970k. It reported 19 employees.