Reed Kentucky Fire Department Inc

Analysis

Reed Kentucky Fire Department Inc is a registered charity in United States, based in Reed, KY. It received its IRS tax-exemption ruling in September 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Reed Kentucky Fire Department Inc reported income of $114k and spending of $77k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $114k (+117%), an average of +117% a year. The sharpest change came in the year to June 2024, when income rose by 117%. Over the whole period it spent 76% 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, Reed Kentucky Fire Department Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Oceana Fire Association ($114k), Southern Junction Volunteer Fire Dept Inc ($114k) and Brownsville Fire Company No 1 ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.