New Market Community Volunteer Fire Department Inc

Analysis

New Market Community Volunteer Fire Department Inc is a registered charity in United States, based in New Market, IN. It received its IRS tax-exemption ruling in October 2010, 16 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, New Market Community Volunteer Fire Department Inc reported income of $54k and spending of $52k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $54k (-6.2%), an average of -6.2% a year. Over the whole period it spent 104% 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, New Market Community Volunteer Fire Department Inc 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 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Waverly Avenue Carnival Company ($54k), Oregon Coast Boating Safety and Education Foundation ($54k) and New Sharon Volunteer Fire Company 1 ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.