Grassy Knob Volunteer Fire Association Inc

Analysis

Grassy Knob Volunteer Fire Association Inc is a registered charity in United States, based in Eureka SPGS, AR. It received its IRS tax-exemption ruling in September 2018, 8 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 June 2024, Grassy Knob Volunteer Fire Association Inc reported income of $180k and spending of $110k, leaving 39% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $113k to $180k (+59%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 77% 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, Grassy Knob Volunteer Fire Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AR. Charities of a similar size with the same main cause include Manhasset Lakeville Fire Department Corp ($180k), Rutherford County Fire-Rescue Association Inc ($180k) and Milton Fire Department Inc ($180k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $453k against liabilities of $27k, net assets of $427k.