Fayetteville Volunteer Fire Departments Inc

Analysis

Fayetteville Volunteer Fire Departments Inc is a registered charity in United States, based in Sylacauga, AL. It received its IRS tax-exemption ruling in March 2002, 24 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, Fayetteville Volunteer Fire Departments Inc reported income of $114k and spending of $159k, spending 140% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $353k to $114k (-68%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 88% 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, Fayetteville Volunteer Fire Departments Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include New Eagle Volunteer Fire Department ($114k), Bellmore Volunteer Exempt Firemens Benevolent Association ($114k) and Forest Hill Volunteer Fire Department Inc ($114k).

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 $370k against liabilities of $5,000, net assets of $365k.