Town of Unionville Volunteer Fire Department Inc

Analysis

Town of Unionville Volunteer Fire Department Inc is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in August 1995, 31 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, Town of Unionville Volunteer Fire Department Inc reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $776k to $1.5m (+88%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 84% 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, Town of Unionville Volunteer 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 Southeastern Adams Volunteer Emergency Services Inc ($1.5m), Upper Nazareth Fire Department Inc ($1.5m) and Ukraine Freedom Fund ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $140k (11% of expenses). Other salaries and wages came to $402k. At year end it held assets of $5.0m against liabilities of $1.1m, net assets of $3.8m. It reported 49 employees.