Inez Volunteer Fire Department Inc

Analysis

Inez Volunteer Fire Department Inc is a registered charity in United States, based in Warrenton, NC. It received its IRS tax-exemption ruling in June 2016, 10 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, Inez Volunteer Fire Department Inc reported income of $57k and spending of $111k, spending 194% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $132k to $57k (-56%), an average of -56% a year. The sharpest change came in the year to June 2024, when income dropped by 56%. Over the whole period it spent 109% 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, Inez Volunteer Fire Department Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Citizens Fire Company of Branchdale Pennsylvania ($57k), Lafayette Fire Protective Association ($57k) and Pompton Lakes Volunteer Fire Department Association ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 28% of the total. At year end it held assets of $304k against liabilities of $56k, net assets of $248k.