Caney Branch Volunteer Fire Department

Analysis

Caney Branch Volunteer Fire Department is a registered charity in United States, based in Greeneville, TN. It received its IRS tax-exemption ruling in January 2023, 3 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 June 2024, Caney Branch Volunteer Fire Department reported income of $146k and spending of $95k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $146k (+86%), an average of +86% a year. The sharpest change came in the year to June 2024, when income rose by 86%. Over the whole period it spent 90% 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, Caney Branch Volunteer Fire Department sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Jay Township Volunteer Fire Company Elk Company 5 ($146k), Mount Vernon Fire Department ($147k) and Horsepasture District Volunteer Fire Department Inc ($146k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $824k against liabilities of $0, net assets of $824k.