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Band Together

RegisteredEIN 56-2273756Raleigh, NCArmed forces, emergency and public safety
Income$1.1m2023-12
Spending$712ksame year
Spent / received91%6-year average
Size in its cause92nd pctArmed forces, emergency and public safety
Exempt since2004Publicly supported organisat
Employees3latest return

Analysis

Band Together is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 2004, 22 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 December 2023, Band Together reported income of $1.1m and spending of $712k, leaving 34% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $741k to $1.1m (+46%), an average of +7.9% a year. The sharpest change came in the year to September 2021, when income rose by 218%. Over the whole period it spent 91% 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, Band Together sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Hancock Rescue Squad Inc ($1.1m), Malta Ridge Volunteer Fire Co Inc ($1.1m) and Goose Creek Rural Vol Fire Department ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $130k (18% of expenses). Other salaries and wages came to $44k. At year end it held assets of $563k against liabilities of -$1,264, net assets of $564k. It reported 3 employees.

Income and spending

$0$271k$542k$812k$1.1m2019 Income: $740,5502019 Spending: $702,08520192020 Income: $141,1652020 Spending: $303,87520202021 Income: $449,4902021 Spending: $274,23220212021 Income: $602,5902021 Spending: $658,22320212022 Income: $865,0252022 Spending: $866,44120222023 Income: $1,083,1562023 Spending: $711,6422023
IncomeSpending

Where the income comes from

  • Contributions & grants 63%
  • Program services 33%
  • Other 3.9%

Similar-sized charities, same cause

CharityLocationIncome
Hancock Rescue Squad IncHancock$1.1m
Malta Ridge Volunteer Fire Co IncBallston Spa$1.1m
Goose Creek Rural Vol Fire DepartmentGoose Creek$1.1m
Grace Chapel Volunteer FireGranite Falls$1.1m