Freeport Community Volunteer Fire Department Inc

Analysis

Freeport Community Volunteer Fire Department Inc is a registered charity in United States, based in Freeport, OH. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 December 2023, Freeport Community Volunteer Fire Department Inc reported income of $170k and spending of $95k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $170k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freeport Community Volunteer Fire Department Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Community Rides ($170k), 100 Black Men of the Inland Empire Inc ($170k) and Mid-Plains United Way Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.