Monterey Volunteer Fire Department

Analysis

Monterey Volunteer Fire Department is a registered charity in United States, based in Pearl, MS. It received its IRS tax-exemption ruling in May 2011, 15 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, Monterey Volunteer Fire Department reported income of $100k and spending of $92k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $63k to $100k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 101% 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, Monterey Volunteer Fire Department sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MS. Charities of a similar size with the same main cause include Roann Volunteer Fire Department Inc ($100k), Cool Springs Volunteer Firedepartment ($100k) and Medina Volunteer Fire Dept Inc ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.