Sipsey Valley Volunteer Fire Department Inc

Analysis

Sipsey Valley Volunteer Fire Department Inc is a registered charity in United States, based in Buhl, AL. It received its IRS tax-exemption ruling in January 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sipsey Valley Volunteer Fire Department Inc reported income of $104k and spending of $64k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $104k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sipsey Valley Volunteer Fire Department Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AL. Charities of a similar size with the same main cause include Peoria Womens Club ($104k), Bring Smiles to Seniors Inc ($104k) and Cookstove Project Inc ($104k).

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 $245k against liabilities of $0, net assets of $245k.