Shackle Island Volunteer Fire Department Inc

Analysis

Shackle Island Volunteer Fire Department Inc is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in July 2021, 5 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 2022, Shackle Island Volunteer Fire Department Inc reported income of $155k and spending of $153k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $164k to $155k (-5.1%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 127% 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, Shackle Island Volunteer Fire Department Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Lackawaxen Township Fire Commission Inc ($155k), Canton Fire and Rescue Resources Corporation ($155k) and Pageland Rescue Squad ($155k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $34k against liabilities of $24k, net assets of $9,715.