Gateswood Volunteer Fire Department

Analysis

Gateswood Volunteer Fire Department is a registered charity in United States, based in Robertsdale, AL. It received its IRS tax-exemption ruling in February 2000, 26 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 October 2023, Gateswood Volunteer Fire Department reported income of $315k and spending of $441k, spending 140% of what it took in. Across the 4 years on record, from October 2020 to October 2023, income grew from $213k to $315k (+48%), an average of +14% a year. The sharpest change came in the year to October 2021, when income rose by 187%. Over the whole period it spent 111% 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, Gateswood Volunteer Fire Department sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Windsor Volunteer Fire Department Inc ($315k), Hampden Township Volunteer Firefighters Relief Association ($315k) and Payne Springs Volunteer Fire Department Inc ($315k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.