Green Pond Volunteer Fire Dept Inc

Analysis

Green Pond Volunteer Fire Dept Inc is a registered charity in United States, based in Green Pond, AL. It received its IRS tax-exemption ruling in October 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Green Pond Volunteer Fire Dept Inc reported income of $775k and spending of $744k, spending 96% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $414k to $775k (+87%), an average of +17% a year. The sharpest change came in the year to October 2020, when income rose by 70%. Over the whole period it spent 82% 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, Green Pond Volunteer Fire Dept Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include South Fork Volunteer Fire Dept of Lincoln County Inc ($774k), Flat Branch Volunteer Fire Dept ($775k) and Lowernine Org ($774k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Other salaries and wages came to $380k. At year end it held assets of $940k against liabilities of $18k, net assets of $922k. It reported 27 employees.