Clear Springs Volunteer Fire Department Incorporated

Analysis

Clear Springs Volunteer Fire Department Incorporated is a registered charity in United States, based in Mayfield, KY. It received its IRS tax-exemption ruling in December 1987, 39 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, Clear Springs Volunteer Fire Department Incorporated reported income of $118k and spending of $162k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $118k (-4.2%), an average of -4.2% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clear Springs Volunteer Fire Department Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Schnecksville Playground Association ($118k), The Rockbridge Area Conservation Council ($118k) and United Concerned Christians of Caroline County Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 79% of the total. At year end it held assets of $63k against liabilities of $1,081, net assets of $62k.