Fork Mountain Volunteer Fire and Rescue Inc

Analysis

Fork Mountain Volunteer Fire and Rescue Inc is a registered charity in United States, based in Bakersville, NC. It received its IRS tax-exemption ruling in January 2002, 24 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, Fork Mountain Volunteer Fire and Rescue Inc reported income of $199k and spending of $107k, leaving 46% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $97k to $199k (+106%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 88% 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, Fork Mountain Volunteer Fire and Rescue Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Colonial Beach Rescue Squad Incorporated ($199k), One Community Foundation ($199k) and Kirkwood Fire Co Dist No 1 Inc ($198k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $352k against liabilities of $13k, net assets of $339k.