Mt Mourne Volunteer Fire Department

Analysis

Mt Mourne Volunteer Fire Department is a registered charity in United States, based in Mt Mourne, NC. It received its IRS tax-exemption ruling in March 1957, 69 years ago. 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, Mt Mourne Volunteer Fire Department reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.4m (+15%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Mourne Volunteer Fire Department sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Community Alliance Foundation ($1.4m), Historic Harmony Inc ($1.4m) and Nami-Virginia ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $687k. At year end it held assets of $4.3m against liabilities of $1.5m, net assets of $2.8m. It reported 44 employees.