Friendship Volunteer Fire Department Inc

Analysis

Friendship Volunteer Fire Department Inc is a registered charity in United States, based in Friendship, IN. It received its IRS tax-exemption ruling in December 1999, 27 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, Friendship Volunteer Fire Department Inc reported income of $172k and spending of $107k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $172k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 74% 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, Friendship Volunteer Fire Department Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Brushton Volunteer Fire Department Inc ($172k), Old Monroe Community Fire Department Inc ($172k) and Palo Pinto Volunteer Fire Department ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 26% of the total. At year end it held assets of $364k against liabilities of $1,431, net assets of $363k.