Waldo Volunteer Fire Department

Analysis

Waldo Volunteer Fire Department is a registered charity in United States, based in Talladega, AL. It received its IRS tax-exemption ruling in February 2011, 15 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 September 2024, Waldo Volunteer Fire Department reported income of $56k and spending of $55k, spending 97% of its income. Across the 3 years on record, from September 2022 to September 2024, income fell from $68k to $56k (-18%), an average of -9.2% a year. Over the whole period it spent 67% 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, Waldo Volunteer Fire Department sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AL. Charities of a similar size with the same main cause include Ridge Culver Volunteer Fire Association Inc ($56k), Powhatan Volunteer Fire Department Inc ($56k) and Safeguard Iowa Partnership ($56k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.