Neva Volunteer Fire Department

Analysis

Neva Volunteer Fire Department is a registered charity in United States, based in Mountain City, TN. It received its IRS tax-exemption ruling in October 1995, 31 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, Neva Volunteer Fire Department reported income of $82k and spending of $70k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $239k to $82k (-66%), an average of -42% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 58% 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, Neva Volunteer Fire Department sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Garner Firefighters Association ($82k), Hondo Fire & Rescue ($82k) and Daniel Barden Annual Mudfest Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $287k against liabilities of $95k, net assets of $192k.