Carthage Vol Fire Dept

Analysis

Carthage Vol Fire Dept is a registered charity in United States, based in Carthage, IN. It received its IRS tax-exemption ruling in February 2014, 12 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, Carthage Vol Fire Dept reported income of $98k and spending of $102k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $98k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 154% 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, Carthage Vol Fire Dept sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Sparta Township Fire Department ($98k), Terryville Fire Department Inc ($98k) and The Alert Fire Company No 1 of Emigsville York County Pennsylvani ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $467k against liabilities of $0, net assets of $467k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.