New Hope Volunteer Fire Department

Analysis

New Hope Volunteer Fire Department is a registered charity in United States, based in New Hope, AL. It received its IRS tax-exemption ruling in January 2013, 13 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 2022, New Hope Volunteer Fire Department reported income of $118k and spending of $118k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $107k to $118k (+11%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 797%. Over the whole period it spent 90% 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, New Hope Volunteer Fire Department sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within AL. Charities of a similar size with the same main cause include Harrellsville Volunteer Fire Dept ($118k), Glenwood Volunteer Fire Department Inc ($118k) and Diboll Volunteer Fire Department ($118k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $628k against liabilities of $0, net assets of $628k.