Paces Point Volunteer Fire Department Inc

Analysis

Paces Point Volunteer Fire Department Inc is a registered charity in United States, based in Dadeville, AL. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, Paces Point Volunteer Fire Department Inc reported income of $204k and spending of $136k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $204k (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 75% 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, Paces Point Volunteer Fire Department Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Meridianville Volunteer Firedepartment Incorporated ($204k), Area Emergency Medical & Transportation Service Inc ($204k) and Effinger Volunteer Fire Department ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.