Tri-Beach Volunteer Fire Department

Analysis

Tri-Beach Volunteer Fire Department is a registered charity in United States, based in Supply, NC. It received its IRS tax-exemption ruling in January 2015, 11 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, Tri-Beach Volunteer Fire Department reported income of $2.0m and spending of $1.6m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.0m (+13%), an average of +4.2% a year. Over the whole period it spent 78% 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, Tri-Beach Volunteer Fire Department sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Pecan Grove Volunteer Fire ($2.0m), Elsmere Fire Co No 1 ($2.0m) and Washington County Volunteer Fire & Rescue Association of Maryland Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $58k (3.6% of expenses). At year end it held assets of $3.8m against liabilities of $103k, net assets of $3.7m. It reported 35 employees.