Big Oak Community Volunteer Fire Dept

Analysis

Big Oak Community Volunteer Fire Dept is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in September 2012, 14 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, Big Oak Community Volunteer Fire Dept reported income of $75k and spending of $122k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $75k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 114% 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, Big Oak Community Volunteer Fire Dept sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within AL. Charities of a similar size with the same main cause include Orrville Volunteer Fire Department Inc ($75k), National Association of S Gaugers Inc ($75k) and Goose Rocks Beach Fire Company ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $727k against liabilities of $14k, net assets of $713k.