Catons Chapel Richardson Cove Volunteer Fire Department Inc

Analysis

Catons Chapel Richardson Cove Volunteer Fire Department Inc is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in February 2013, 13 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 July 2023, Catons Chapel Richardson Cove Volunteer Fire Department Inc reported income of $182k and spending of $243k, spending 133% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $114k to $182k (+60%), an average of +17% a year. The sharpest change came in the year to July 2023, when income rose by 48%. Over the whole period it spent 110% 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, Catons Chapel Richardson Cove Volunteer Fire Department Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Atria Cares Inc ($182k), Minetto Volunteer Fire Corporation ($182k) and Lake Dunlap Area Volunteer Fire Department ($182k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. It paid $1,852 in professional fundraising fees. At year end it held assets of $608k against liabilities of $427k, net assets of $181k.