Central Alexander Fire Department Inc

Analysis

Central Alexander Fire Department Inc is a registered charity in United States, based in Taylorsville, NC. It received its IRS tax-exemption ruling in September 1987, 39 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 2024, Central Alexander Fire Department Inc reported income of $439k and spending of $390k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $266k to $439k (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 98% 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, Central Alexander Fire Department Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Old Forge Fire Dept Inc ($439k), Goodson-Kinderhook Volunteer Fire Dept Inc ($439k) and Proampac Employee Assistance Fund ($439k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $72k (18% of expenses). Other salaries and wages came to $25k. At year end it held assets of $1.1m against liabilities of $607k, net assets of $520k. It reported 10 employees.