Melbourne Volunteer Fire Department Inc

Analysis

Melbourne Volunteer Fire Department Inc is a registered charity in United States, based in Melbourne, KY. It received its IRS tax-exemption ruling in November 2008, 18 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, Melbourne Volunteer Fire Department Inc reported income of $97k and spending of $106k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $28k to $97k (+243%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 147%. Over the whole period it spent 143% 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, Melbourne Volunteer Fire Department Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within KY. Charities of a similar size with the same main cause include American Motorsports Association ($97k), Friends of the Idaho Panhandle Avalanche Center Inc ($97k) and Dennis Volunteer Fire Company Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 0.1% of the total. At year end it held assets of $624k against liabilities of $41k, net assets of $583k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.