Milton Voluntary Fire Department Inc

Analysis

Milton Voluntary Fire Department Inc is a registered charity in United States, based in Milton, NC. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, Milton Voluntary Fire Department Inc reported income of $225k and spending of $109k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $225k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 50% 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, Milton Voluntary Fire Department Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Hawtree Volunteer Fire Department Inc ($225k), Snyder Volunteer Firefighters Benevolent Assn ($225k) and Linville Volunteer Fire Department Capital Fund Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $921k against liabilities of $0, net assets of $921k.