Falls of Rough Community Volunteer Fire Department Inc

Analysis

Falls of Rough Community Volunteer Fire Department Inc is a registered charity in United States, based in Falls Rough, KY. It received its IRS tax-exemption ruling in May 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Falls of Rough Community Volunteer Fire Department Inc reported income of $122k and spending of $133k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $122k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 84% 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, Falls of Rough Community Volunteer Fire Department Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within KY. Charities of a similar size with the same main cause include Gate City Volunteer Fire Department Inc ($122k), Benwood Volunteer Fire Department Inc ($122k) and Central Oregon Avalanche Association ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $838k against liabilities of $217k, net assets of $621k.