Highway 58 Volunteer Fire Department Inc

Analysis

Highway 58 Volunteer Fire Department Inc is a registered charity in United States, based in Harrison, TN. It received its IRS tax-exemption ruling in February 2025. 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 2023, Highway 58 Volunteer Fire Department Inc reported income of $1.3m and spending of $784k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $570k to $1.3m (+124%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 60%. Over the whole period it spent 70% 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, Highway 58 Volunteer Fire Department Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Crisis Response International ($1.3m), North Catawba Fire-Rescue Department Inc ($1.3m) and The Johnson Center for Child Health and Development ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $64k (8.1% of expenses). Other salaries and wages came to $46k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 3 employees.