Crossroads Volunteer Fire Dept

Analysis

Crossroads Volunteer Fire Dept is a registered charity in United States, based in Leoma, TN. It received its IRS tax-exemption ruling in July 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Crossroads Volunteer Fire Dept reported income of $204k and spending of $129k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $29k to $204k (+609%), an average of +63% a year. The sharpest change came in the year to June 2021, when income rose by 242%. Over the whole period it spent 97% 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, Crossroads Volunteer Fire Dept sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Pompton Falls Volunteer Fire Department 3 ($204k), Hanover Area Volunteer Fire and Rescue ($204k) and Milwaukee Police Association Fallen Heroes Inc ($204k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $391k against liabilities of $176k, net assets of $215k.