Stoney Point Fire Department Inc

Analysis

Stoney Point Fire Department Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in December 1984, 42 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, Stoney Point Fire Department Inc reported income of $3.0m and spending of $2.5m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $3.0m (+69%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 96% 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, Stoney Point Fire Department Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Hatzalah South Florida Emergency Medical Services Inc ($3.0m), Washington Volunteer Fire Department and Rescue Squad Inc ($3.1m) and Association of State Dam Safety Officials Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 73% of the total. At year end it held assets of $5.8m against liabilities of $3.1m, net assets of $2.7m. It reported 41 employees.