Nesbit Volunteer Fire Dept

Analysis

Nesbit Volunteer Fire Dept is a registered charity in United States, based in Nesbit, MS. It received its IRS tax-exemption ruling in March 2002, 24 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, Nesbit Volunteer Fire Dept reported income of $312k and spending of $192k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $312k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 92% 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, Nesbit Volunteer Fire Dept sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MS. Charities of a similar size with the same main cause include White Mills Fire Department ($312k), Fire Department of Montgomery Township Relief Association ($312k) and Clintonville Volunteer Fire Department and Relief Association ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $73k, net assets of $1.3m.