Friendship Volunteer Fire Department

Analysis

Friendship Volunteer Fire Department is a registered charity in United States, based in Odenville, AL. It received its IRS tax-exemption ruling in December 1988, 38 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, Friendship Volunteer Fire Department reported income of $111k and spending of $52k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $77k to $111k (+45%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friendship Volunteer Fire Department sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Honor Wreaths for Veterans ($111k), Almelund Volunteer Fire Department Relief Association ($111k) and Womens Excellence 4 Life ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $524k against liabilities of $0, net assets of $524k.