Allenton Volunteer Fire Department Inc

Analysis

Allenton Volunteer Fire Department Inc is a registered charity in United States, based in Lumberton, NC. It received its IRS tax-exemption ruling in June 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 2024, Allenton Volunteer Fire Department Inc reported income of $314k and spending of $321k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $159k to $314k (+97%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 89% 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, Allenton Volunteer Fire Department Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Rutgers Engine Company 1 Inc ($314k), Elliston Volunteer Fire Department Inc ($315k) and Basking Ridge Fire Company No 1 ($314k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 73% of the total. At year end it held assets of $1.2m against liabilities of $322k, net assets of $856k.