Pocket Volunteer Fire Department Inc

Analysis

Pocket Volunteer Fire Department Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in March 1983, 43 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, Pocket Volunteer Fire Department Inc reported income of $627k and spending of $378k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $303k to $627k (+107%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pocket Volunteer Fire Department Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include The Lab SF ($627k), Fort Wayne Dance Collective Inc ($627k) and Marine Reconnaissance Foundation ($627k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $59k (16% of expenses). Other salaries and wages came to $6,114. At year end it held assets of $1.2m against liabilities of $395k, net assets of $804k. It reported 7 employees.