Thetford Volunteer Fire Department Inc

Analysis

Thetford Volunteer Fire Department Inc is a registered charity in United States, based in Thetford Ctr, VT. It received its IRS tax-exemption ruling in April 2010, 16 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, Thetford Volunteer Fire Department Inc reported income of $334k and spending of $331k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $334k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 81% 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, Thetford Volunteer Fire Department Inc 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 56th percentile within VT. Charities of a similar size with the same main cause include Kings Mountain Volunteer Fire Brigade Inc ($334k), Ponder Volunteer Fire Department Inc ($334k) and Third District Firechiefs Association Mabas 24 Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $35k (11% of expenses). At year end it held assets of $1.1m against liabilities of $3,264, net assets of $1.0m. It reported 1 employees.