Shady Valley Volunteer Fire Department

Analysis

Shady Valley Volunteer Fire Department is a registered charity in United States, based in Shady Valley, TN. It received its IRS tax-exemption ruling in October 1992, 34 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, Shady Valley Volunteer Fire Department reported income of $107k and spending of $96k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $107k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 93% 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, Shady Valley Volunteer Fire Department sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include Olney Volunteer Fire Department ($107k), Recycle-A-Bike ($107k) and Redondo Beach Police Foundation ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.