Hollis Fire and Rescue

Analysis

Hollis Fire and Rescue is a registered charity in United States, based in Heflin, AL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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 2023, Hollis Fire and Rescue reported income of $101k and spending of $39k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $101k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hollis Fire and Rescue sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Fbi National Academy Associates Inc ($101k), PTA California Congress of Parents Teachers & Students Inc ($101k) and LA Porte Aero Club Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $424k against liabilities of $0, net assets of $424k.