The Pinnacle Volunteer Fire and Rescue Department Inc

Analysis

The Pinnacle Volunteer Fire and Rescue Department Inc is a registered charity in United States, based in Pinnacle, NC. It received its IRS tax-exemption ruling in August 1986, 40 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, The Pinnacle Volunteer Fire and Rescue Department Inc reported income of $383k and spending of $228k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $288k to $383k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Pinnacle Volunteer Fire and Rescue Department Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Riverside Meals on Wheels Inc ($383k), Park River Volunteer Ambulance Service Inc ($383k) and Kids First Center ($382k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,000 (4.0% of expenses). Other salaries and wages came to $34k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m. It reported 2 employees.