Richmond Volunteer Fire Department Inc

Analysis

Richmond Volunteer Fire Department Inc is a registered charity in United States, based in Richmond, MA. It received its IRS tax-exemption ruling in June 2011, 15 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, Richmond Volunteer Fire Department Inc reported income of $70k and spending of $24k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $70k (+2.2%), an average of +2.2% a year. Over the whole period it spent 33% 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, Richmond Volunteer Fire Department Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Dubuque County Firefighters Assn ($70k), Elwood Volunteer Fire Rescue Company ($71k) and Hickory Corners & Community Fire Co ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $590k against liabilities of $128k, net assets of $462k.