Damascus Volunteer Fire Department Inc

Analysis

Damascus Volunteer Fire Department Inc is a registered charity in United States, based in Damascus, VA. It received its IRS tax-exemption ruling in May 2008, 18 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 June 2024, Damascus Volunteer Fire Department Inc reported income of $192k and spending of $147k, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $110k to $192k (+74%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 119%. Over the whole period it spent 80% 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, Damascus Volunteer Fire Department Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include The Lewistown District Volunteer Fire Department Incorporated ($192k), New Danville Fire Co Inc ($192k) and Baileyton Volunteer Fire Department Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $364k against liabilities of $64k, net assets of $300k.