Independence Volunteer Fire and Rescue Inc

Analysis

Independence Volunteer Fire and Rescue Inc is a registered charity in United States, based in Prattville, AL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Independence Volunteer Fire and Rescue Inc reported income of $78k and spending of $61k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $102k to $78k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independence Volunteer Fire and Rescue Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include The Peoples Diabetes Foundation ($78k), PTA North Carolina Congress ($78k) and Caribbean Medical Mission Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 199% of the total. At year end it held assets of $958k against liabilities of $0, net assets of $958k.