Triangle Volunteer Fire Department Inc

Analysis

Triangle Volunteer Fire Department Inc is a registered charity in United States, based in Bayboro, NC. It received its IRS tax-exemption ruling in October 2017, 9 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 2022, Triangle Volunteer Fire Department Inc reported income of $756k and spending of $191k, leaving 75% of income unspent that year. Across the 4 years on record, from December 2019 to June 2022, income grew from $137k to $756k (+452%), an average of +77% a year. The sharpest change came in the year to June 2022, when income rose by 901%. Over the whole period it spent 48% 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, Triangle Volunteer Fire Department Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Saluda Volunteer Fire & Rescue Inc ($755k), Edgely Fire Co No 1 ($757k) and Norwood Fire Co-1 ($753k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.6m against liabilities of $362k, net assets of $1.3m.