Tri-Community Volunteer Fire Department

Analysis

Tri-Community Volunteer Fire Department is a registered charity in United States, based in Collegedale, TN. It received its IRS tax-exemption ruling in August 1991, 35 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 2023, Tri-Community Volunteer Fire Department reported income of $3.2m and spending of $2.3m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 68% 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, Tri-Community Volunteer Fire Department sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Alamance Community Fire District Inc ($3.2m), Kennett Fire and Ems Regional Commission Inc ($3.2m) and Israel Rescue Coalition Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $187k (8.0% of expenses). Other salaries and wages came to $190k. At year end it held assets of $10.8m against liabilities of $1.4m, net assets of $9.4m. It reported 14 employees.