Franklinton Fire Department Inc

Analysis

Franklinton Fire Department Inc is a registered charity in United States, based in Franklinton, NC. It received its IRS tax-exemption ruling in October 2003, 23 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, Franklinton Fire Department Inc reported income of $632k and spending of $591k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $356k to $632k (+77%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 92% 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, Franklinton Fire Department Inc 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 73rd percentile within NC. Charities of a similar size with the same main cause include Kuhl Hose Co ($632k), Cass Lake Rural Volunteer Fire Association ($633k) and Rheems Fire Company Inc ($631k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $24k (4.1% of expenses). Other salaries and wages came to $42k. At year end it held assets of $1.9m against liabilities of $941k, net assets of $945k. It reported 1 employees.