Glen Rose Community Volunteer Fire Department

Analysis

Glen Rose Community Volunteer Fire Department is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in February 1997, 29 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, Glen Rose Community Volunteer Fire Department reported income of $412k and spending of $179k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $412k (+193%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 62% 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, Glen Rose Community Volunteer Fire Department sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within AR. Charities of a similar size with the same main cause include North Halifax Volunteer Fire Department Inc ($412k), New Market Fire & Rescue Inc ($412k) and Spring Valley Area Emergency Services Corporation ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $1.7m against liabilities of $48k, net assets of $1.6m.