Gallatin Volunteer Fire Department

Analysis

Gallatin Volunteer Fire Department is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in March 2003, 23 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 December 2023, Gallatin Volunteer Fire Department reported income of $56k and spending of $40k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $56k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 90% 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, Gallatin Volunteer Fire Department sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Cachagua Volunteer Firefighters Inc ($56k), Punkin Center Volunteer Fire Department Inc ($56k) and Prairie Township Volunteer Fire Dept ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.