Monroe Tri Community Volunteer Fire Department

Analysis

Monroe Tri Community Volunteer Fire Department is a registered charity in United States, based in Madisonville, TN. It received its IRS tax-exemption ruling in May 2017, 9 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, Monroe Tri Community Volunteer Fire Department reported income of $94k and spending of $158k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $94k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 121% 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, Monroe Tri Community Volunteer Fire Department 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 34th percentile within TN. Charities of a similar size with the same main cause include Clarence Center Volunteer Firefighters Benevolent Associatio ($94k), Firefighters Benevolent of Pembroke Pines Inc ($94k) and Rock Volunteer Fire Department ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $416k against liabilities of $70k, net assets of $346k.