Fosters-Ralph Volunteer Fire Department Inc

Analysis

Fosters-Ralph Volunteer Fire Department Inc is a registered charity in United States, based in Fosters, AL. It received its IRS tax-exemption ruling in July 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, Fosters-Ralph Volunteer Fire Department Inc reported income of $188k and spending of $143k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $188k (-3.4%), an average of -3.4% a year. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fosters-Ralph Volunteer Fire Department Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AL. Charities of a similar size with the same main cause include Bald Knob Cross of Peace ($188k), Network Ministries ($188k) and Talawanda Athletic Boosters Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $322k against liabilities of $152k, net assets of $170k.