Velvet Ridge Fire Protection District

Analysis

Velvet Ridge Fire Protection District is a registered charity in United States, based in Bald Knob, AR. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Velvet Ridge Fire Protection District reported income of $160k and spending of $78k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $160k (+16%), an average of +3.8% a year. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Velvet Ridge Fire Protection District sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AR. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($160k), Montgomery County Career Fire Fighters Charitable Fundation Inc ($160k) and Moraga-Orinda-Lafayette Youth Football ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $730k against liabilities of $0, net assets of $730k.