Franklinville Fire Protection Assn Inc

Analysis

Franklinville Fire Protection Assn Inc is a registered charity in United States, based in Franklinville, NC. It received its IRS tax-exemption ruling in October 1990, 36 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 August 2023, Franklinville Fire Protection Assn Inc reported income of $1.0m and spending of $874k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $717k to $1.0m (+40%), an average of +8.7% a year. The sharpest change came in the year to August 2020, when income rose by 49%. Over the whole period it spent 82% 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, Franklinville Fire Protection Assn Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Bandys Crossroads Volunteer Fire Department Incorporated ($1.0m), Osolo Emergency Medical Services ($1.0m) and Junaluska Community Volunteer Fire Dept Inc ($999k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.3% and program service revenue 92% of the total. Other salaries and wages came to $470k. At year end it held assets of $1.5m against liabilities of $268k, net assets of $1.2m. It reported 25 employees.