Parrottsville Volunteer Fire RT 2 Department Incorporated

Analysis

Parrottsville Volunteer Fire RT 2 Department Incorporated is a registered charity in United States, based in Parrottsville, TN. It received its IRS tax-exemption ruling in September 2007, 19 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 August 2023, Parrottsville Volunteer Fire RT 2 Department Incorporated reported income of $94k and spending of $96k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $37k to $94k (+156%), an average of +26% a year. The sharpest change came in the year to August 2020, when income rose by 126%. Over the whole period it spent 80% 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, Parrottsville Volunteer Fire RT 2 Department Incorporated sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include American Fire Company No 1 ($94k), Gantt Area Fire and Rescue Inc ($94k) and Prospect Park Fire Company 1 ($94k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.