Florence Volunteer Fire Company Incorporated

Analysis

Florence Volunteer Fire Company Incorporated is a registered charity in United States, based in Florence, MS. It received its IRS tax-exemption ruling in March 2022, 4 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 March 2024, Florence Volunteer Fire Company Incorporated reported income of $143k and spending of $81k, leaving 43% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $151k to $143k (-5.1%), an average of -5.1% a year. Over the whole period it spent 59% 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, Florence Volunteer Fire Company Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within MS. Charities of a similar size with the same main cause include Mount Bethel Volunteer Fire Company No 1 of Warren Township ($143k), Massachusetts Vest-A-Dog ($143k) and Deanville Volunteer Fire Department Inc ($143k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 102% of the total. At year end it held assets of $408k against liabilities of $75k, net assets of $333k.