Tellico Village Volunteer Fire Depa Rtment Inc

Analysis

Tellico Village Volunteer Fire Depa Rtment Inc is a registered charity in United States, based in Loudon, TN. It received its IRS tax-exemption ruling in February 2003, 23 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, Tellico Village Volunteer Fire Depa Rtment Inc reported income of $1.1m and spending of $728k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $1.1m (+179%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 79% 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, Tellico Village Volunteer Fire Depa Rtment Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Lower Providence Township Volunteer Fire Company ($1.1m), Yellow Breeches Ems Inc ($1.1m) and The Clay County Emergency and Rescue Squad Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.