Hollins Volunteer Fire and Rescue

Analysis

Hollins Volunteer Fire and Rescue is a registered charity in United States, based in Hollins, AL. It received its IRS tax-exemption ruling in January 2009, 17 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, Hollins Volunteer Fire and Rescue reported income of $56k and spending of $91k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $56k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 103% 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, Hollins Volunteer Fire and Rescue sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AL. Charities of a similar size with the same main cause include Dickerson Run Liberty & Vanderbilt Vol Fire Dept ($56k), Prairie Township Volunteer Fire Dept ($56k) and Andrew Volunteer Firemen Inc C/O Jackie Regan ($56k).

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 $219k against liabilities of $48k, net assets of $171k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.