Chalybeate Volunteer Fire Department

Analysis

Chalybeate Volunteer Fire Department is a registered charity in United States, based in Moulton, AL. It received its IRS tax-exemption ruling in April 2003, 23 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, Chalybeate Volunteer Fire Department reported income of $215k and spending of $88k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $215k (+339%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 327%. Over the whole period it spent 122% 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, Chalybeate Volunteer Fire Department sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AL. Charities of a similar size with the same main cause include Metropolitan Law Enforcement Council Inc ($215k), Pine Mountain Volunteer Fire & Ems Dist Inc ($215k) and Crystal Fire Protection No 24 ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 19% of the total. At year end it held assets of $278k against liabilities of $38k, net assets of $240k.