Mowbray Volunteer Fire Department Inc

Analysis

Mowbray Volunteer Fire Department Inc is a registered charity in United States, based in Soddy Daisy, TN. It received its IRS tax-exemption ruling in February 2014, 12 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, Mowbray Volunteer Fire Department Inc reported income of $381k and spending of $322k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $272k to $381k (+40%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 88% 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, Mowbray Volunteer Fire Department Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Friends of the Denver Fire Dept ($381k), K9s4cops Inc ($381k) and Jamison Road Volunteer Fire Company Inc ($381k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $37k (12% of expenses). Other salaries and wages came to $40k. At year end it held assets of $332k against liabilities of $0, net assets of $332k. It reported 1 employees.