Jakes Branch Volunteer Fire Department Inc

Analysis

Jakes Branch Volunteer Fire Department Inc is a registered charity in United States, based in Bulan, KY. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Jakes Branch Volunteer Fire Department Inc reported income of $127k and spending of $115k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32k to $127k (+294%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jakes Branch Volunteer Fire Department Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within KY. Charities of a similar size with the same main cause include Coupeville Farm to School ($127k), Serendipity Therapeutic Riding Center LLC ($127k) and Litchfield Health & Wellness Resources Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.