Three Oaks Emergency Vehicle Association

Analysis

Three Oaks Emergency Vehicle Association is a registered charity in United States, based in Three Oaks, MI. It received its IRS tax-exemption ruling in April 1990, 36 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 June 2024, Three Oaks Emergency Vehicle Association reported income of $303k and spending of $305k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $239k to $303k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 118% 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, Three Oaks Emergency Vehicle Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Washington Bottom Volunteer Fire Dept Inc ($303k), Franklin Volunteer Fire Department ($304k) and Tree Care Industry Association Foundation Inc ($303k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $137k (45% of expenses). Other salaries and wages came to $27k. At year end it held assets of $113k against liabilities of $35k, net assets of $78k. It reported 9 employees.

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.