Cove Creek-Pearson Volunteer Fire Department

Analysis

Cove Creek-Pearson Volunteer Fire Department is a registered charity in United States, based in Quitman, AR. It received its IRS tax-exemption ruling in July 1990, 36 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, Cove Creek-Pearson Volunteer Fire Department reported income of $157k and spending of $65k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $157k (+102%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 69% 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, Cove Creek-Pearson Volunteer Fire Department sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AR. Charities of a similar size with the same main cause include Castleton Community Volunteer Fire Company ($157k), Pricetown Volunteer Fire Dept ($157k) and Elysian Fire Department Relief Association ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $644k against liabilities of $0, net assets of $644k.