Stoney Creek Volunteer Fire Department Inc

Analysis

Stoney Creek Volunteer Fire Department Inc is a registered charity in United States, based in Elizabethton, TN. It received its IRS tax-exemption ruling in May 1982, 44 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 June 2024, Stoney Creek Volunteer Fire Department Inc reported income of $254k and spending of $194k, leaving 24% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $217k to $254k (+17%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 117%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stoney Creek Volunteer Fire Department Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Nixa Senior Citizens Club ($254k), NSCC Parent Advisory Council of Parent Cooperative Preschools ($254k) and Mountain Top Telecom Inc ($254k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.1m against liabilities of $219k, net assets of $869k.