Farmer Volunteer Fire Department

Analysis

Farmer Volunteer Fire Department is a registered charity in United States, based in Denton, NC. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Farmer Volunteer Fire Department reported income of $401k and spending of $274k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $239k to $401k (+68%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Farmer Volunteer Fire Department sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include People Who Care Children Association ($401k), Cactus Cancer Society ($401k) and Blue Ridge Mountains Health Project Inc ($401k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $56k (20% of expenses). Other salaries and wages came to $43k. At year end it held assets of $682k against liabilities of $5,055, net assets of $677k. It reported 7 employees.