Chackbay Volunteer Fire Department Inc

Analysis

Chackbay Volunteer Fire Department Inc is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in January 1978, 48 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 2022, Chackbay Volunteer Fire Department Inc reported income of $382k and spending of $164k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $168k to $382k (+128%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chackbay Volunteer Fire Department Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within LA. Charities of a similar size with the same main cause include Epworth Village Inc ($382k), Newport Health Property Management Inc ($382k) and T O T a ($382k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 46% of the total. At year end it held assets of $1.4m against liabilities of $762k, net assets of $600k.