New Market North East Madison County Volunteer Fire Department

Analysis

New Market North East Madison County Volunteer Fire Department is a registered charity in United States, based in New Market, AL. It received its IRS tax-exemption ruling in August 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 September 2023, New Market North East Madison County Volunteer Fire Department reported income of $131k and spending of $159k, spending 122% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $35k to $131k (+278%), an average of +56% a year. The sharpest change came in the year to September 2021, when income rose by 295%. Over the whole period it spent 125% 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, New Market North East Madison County Volunteer Fire Department sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include White Oak Fire Department Inc ($131k), Jackson Mills Fire Company ($131k) and South Dayton Fire Co Inc ($131k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.