Dallas Bay Volunteer Fire Dept Inc

Analysis

Dallas Bay Volunteer Fire Dept Inc is a registered charity in United States, based in Hixson, TN. It received its IRS tax-exemption ruling in February 1976, 50 years ago. 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, Dallas Bay Volunteer Fire Dept Inc reported income of $961k and spending of $1.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $727k to $961k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dallas Bay Volunteer Fire Dept Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Riverfront Museum Park ($961k), Clarksburg Missions Inc ($961k) and Big Sur Volunteer Fire Brigade ($961k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $82k (7.0% of expenses). Other salaries and wages came to $103k. At year end it held assets of $1.5m against liabilities of $3,729, net assets of $1.5m. It reported 15 employees.