Monrovia Volunteer Fire Department

Analysis

Monrovia Volunteer Fire Department is a registered charity in United States, based in Madison, AL. It received its IRS tax-exemption ruling in April 2015, 11 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 September 2023, Monrovia Volunteer Fire Department reported income of $2.2m and spending of $600k, leaving 73% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $367k to $2.2m (+504%), an average of +57% a year. The sharpest change came in the year to September 2023, when income rose by 310%. Over the whole period it spent 53% 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, Monrovia Volunteer Fire Department sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Delaware City Fire Co Number One Inc ($2.2m), Sepsis Alliance ($2.2m) and Austin Disaster Relief Network ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $2.9m against liabilities of $400k, net assets of $2.5m.