Valley Creek Volunteer Fire Department

Analysis

Valley Creek Volunteer Fire Department is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 December 2023, Valley Creek Volunteer Fire Department reported income of $138k and spending of $138k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $138k (-42%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Creek Volunteer Fire Department sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within KY. Charities of a similar size with the same main cause include International College of Integrative Medicine Inc ($138k), Have Art Will Travel Inc ($138k) and Joshua Tree Apartments Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.