Oak Ridge Fire and Rescue Company Fka Oak Ridge Fire Company

Analysis

Oak Ridge Fire and Rescue Company Fka Oak Ridge Fire Company is a registered charity in United States, based in Oak Ridge, NC. It received its IRS tax-exemption ruling in April 1992, 34 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 2024, Oak Ridge Fire and Rescue Company Fka Oak Ridge Fire Company reported income of $2.7m and spending of $2.5m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $2.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Ridge Fire and Rescue Company Fka Oak Ridge Fire Company 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 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Literacy Council of Northern Virginia Inc ($2.7m), Huntsville-Madison County Senior Center Inc ($2.7m) and Foundation of New York-Presbyterian Hudson Valley Hospital ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $5.6m against liabilities of $1.5m, net assets of $4.0m. It reported 33 employees.