Cord Volunteer Fire Dept

Analysis

Cord Volunteer Fire Dept is a registered charity in United States, based in Cord, AR. It received its IRS tax-exemption ruling in September 2021, 5 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, Cord Volunteer Fire Dept reported income of $273k and spending of $138k, leaving 49% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $179k to $273k (+52%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 48% 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, Cord Volunteer Fire Dept sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within AR. Charities of a similar size with the same main cause include Volunteer Fire Co of Picture Rocks Pa Inc ($273k), Kings Park Fire Department Inc ($273k) and Accessos ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $1,100 (0.8% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.