North East Volunteer Fire Dept Inc

Analysis

North East Volunteer Fire Dept Inc is a registered charity in United States, based in Wallace, NC. It received its IRS tax-exemption ruling in July 2012, 14 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 2023, North East Volunteer Fire Dept Inc reported income of $513k and spending of $258k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $750k to $513k (-32%), an average of -9.0% a year. The sharpest change came in the year to June 2021, when income rose by 106%. 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, North East Volunteer Fire Dept Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Wayside Volunteer Fire Department Inc ($513k), Campbelltown Volunteer Fire Co ($515k) and South Hill Volunteer Fire Department ($512k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.