Mt Hope Volunteer Fire Department

Analysis

Mt Hope Volunteer Fire Department is a registered charity in United States, based in Mount Hope, AL. It received its IRS tax-exemption ruling in March 1998, 28 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, Mt Hope Volunteer Fire Department reported income of $51k and spending of $39k, leaving 23% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $55k to $51k (-7.0%), an average of -7.0% a year. Over the whole period it spent 76% 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, Mt Hope Volunteer Fire Department sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AL. Charities of a similar size with the same main cause include Tatum Volunteer Fire Department ($51k), Ely Volunteer Fire Department Inc ($51k) and Chamblissburg First Aid & Rescue ($51k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 0.4% and program service revenue 80% of the total. At year end it held assets of $253k against liabilities of $9,973, net assets of $243k.