New Union Volunteer Fire Department Inc

Analysis

New Union Volunteer Fire Department Inc is a registered charity in United States, based in Boaz, AL. It received its IRS tax-exemption ruling in December 1999, 27 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 October 2023, New Union Volunteer Fire Department Inc reported income of $87k and spending of $73k, spending 84% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $63k to $87k (+37%), an average of +8.1% a year. The sharpest change came in the year to October 2023, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Union Volunteer Fire Department Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AL. Charities of a similar size with the same main cause include East Valley Intergroup ($87k), Planned to a T Inc ($87k) and Parent Booster USA Inc ($87k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $472k against liabilities of $21k, net assets of $451k.