Northwest Harnett Voluntary Fire Department Inc

Analysis

Northwest Harnett Voluntary Fire Department Inc is a registered charity in United States, based in Fuquay Varina, NC. It received its IRS tax-exemption ruling in May 1992, 34 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, Northwest Harnett Voluntary Fire Department Inc reported income of $1.4m and spending of $1.0m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $724k to $1.4m (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 64% 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, Northwest Harnett Voluntary Fire Department Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Hot Springs Ambulance Service Inc ($1.4m), Elevance Health Cares Inc ($1.4m) and Miyamoto Global Disaster Relief ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $159k. At year end it held assets of $7.6m against liabilities of $3.1m, net assets of $4.5m. It reported 7 employees.