Owens Volunteer Fire Department Inc

Analysis

Owens Volunteer Fire Department Inc is a registered charity in United States, based in Athens, AL. It received its IRS tax-exemption ruling in August 1987, 39 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, Owens Volunteer Fire Department Inc reported income of $150k and spending of $140k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $150k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Owens Volunteer Fire Department Inc 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 47th percentile, and in the 47th percentile within AL. Charities of a similar size with the same main cause include Charles R Kendall Scholarship and Education Fund ($150k), Cumberland Valley Antique Engine and Machinery Association Inc ($150k) and Poe Nursery School Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $784k against liabilities of $557k, net assets of $227k.