Toney Volunteer Fire Dept

Analysis

Toney Volunteer Fire Dept is a registered charity in United States, based in Toney, AL. It received its IRS tax-exemption ruling in November 2007, 19 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, Toney Volunteer Fire Dept reported income of $332k and spending of $146k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $332k (+200%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 49% 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, Toney Volunteer Fire Dept sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within AL. Charities of a similar size with the same main cause include Townsend Township Volunteer Fire Department Inc ($332k), Courtney Volunteer Fire Department Inc ($332k) and Stroud Township Volunteer Fire Department ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $961k against liabilities of $2,708, net assets of $958k.