The Grifton Community Fire Association Incorporated

Analysis

The Grifton Community Fire Association Incorporated is a registered charity in United States, based in Grifton, NC. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, The Grifton Community Fire Association Incorporated reported income of $332k and spending of $216k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $298k to $332k (+11%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Grifton Community Fire Association Incorporated 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 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include North Dakota Water Education Foundation ($332k), Stevens County Council on Aging Inc ($332k) and River Farm Cooperative ($332k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3,360 (1.6% of expenses). Other salaries and wages came to $7,590. At year end it held assets of $1.1m against liabilities of $361k, net assets of $710k. It reported 2 employees.