Chicamacomico Banks Fire Department

Analysis

Chicamacomico Banks Fire Department is a registered charity in United States, based in Rodanthe, NC. It received its IRS tax-exemption ruling in September 2024, 2 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, Chicamacomico Banks Fire Department reported income of $646k and spending of $593k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $650k to $646k (-0.6%), an average of -0.6% a year. Over the whole period it spent 92% 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, Chicamacomico Banks Fire Department sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include No 7 Township Fire and Rescue Dept of Craven County N C ($646k), Town of Hancock Volunteer Ambulance Corps Inc ($647k) and Colorado State Fire Chiefs ($645k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $180k. At year end it held assets of $2.2m against liabilities of $20k, net assets of $2.2m. It reported 34 employees.