Union Volunteer Fire Department Inc of Vale NC

Analysis

Union Volunteer Fire Department Inc of Vale NC is a registered charity in United States, based in Vale, NC. It received its IRS tax-exemption ruling in July 2015, 11 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, Union Volunteer Fire Department Inc of Vale NC reported income of $660k and spending of $856k, spending 130% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $439k to $660k (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 287%. Over the whole period it spent 85% 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, Union Volunteer Fire Department Inc of Vale NC sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Mt Ephraim Police Reserves Inc ($660k), Sheppton Oneida Volunteer Fire Co ($661k) and Wildfire Adapted Partnership ($659k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $63k (7.4% of expenses). Other salaries and wages came to $109k. At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.9m. It reported 13 employees.