North Chatham Volunteer Fire Department Inc

Analysis

North Chatham Volunteer Fire Department Inc is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in December 1995, 31 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 Chatham Volunteer Fire Department Inc reported income of $8.8m and spending of $7.2m, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $6.3m to $8.8m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 88% 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 Chatham Volunteer Fire Department Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include The Cantor Fitzgerald Relief Fund ($8.7m), Community Outreach Promoting Emergency -Cope- Preparedness ($9.2m) and New Orleans Community Support Foundation ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4.5m (62% of expenses). At year end it held assets of $16.3m against liabilities of $9.0m, net assets of $7.3m. It reported 64 employees.