Northeast Benton County Volunteer Fire Department Inc

Analysis

Northeast Benton County Volunteer Fire Department Inc is a registered charity in United States, based in Garfield, AR. It received its IRS tax-exemption ruling in April 1999, 27 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 December 2023, Northeast Benton County Volunteer Fire Department Inc reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $964k to $1.4m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 95% 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, Northeast Benton County Volunteer Fire Department Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Hartly Volunteer Fire Company ($1.4m), Central Crossing Fire Protection District ($1.4m) and Volunteer Ambulance Corps of Bath New York Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $134k (11% of expenses). Other salaries and wages came to $478k. At year end it held assets of $2.4m against liabilities of $232k, net assets of $2.2m. It reported 59 employees.