Melrose Volunteer Fire Department Inc

Analysis

Melrose Volunteer Fire Department Inc is a registered charity in United States, based in Melrose, FL. It received its IRS tax-exemption ruling in September 1976, 50 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, Melrose Volunteer Fire Department Inc reported income of $373k and spending of $388k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $373k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 93% 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, Melrose Volunteer Fire Department 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 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Twin Bridge Rescue Squad Inc ($373k), South Lexington Vol Fire Department Inc ($373k) and Alum Bank Community Volunteer Fire Department ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.