Blacksburg Volunteer Fire Department

Analysis

Blacksburg Volunteer Fire Department is a registered charity in United States, based in Blacksburg, SC. It received its IRS tax-exemption ruling in February 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blacksburg Volunteer Fire Department reported income of $500k and spending of $520k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $500k (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 122% 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, Blacksburg Volunteer Fire Department sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include Logan Volunteer Fire & Rescue ($500k), Hall County Ems Inc ($500k) and Limestone Volunteer Fire Department Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.3% of the total. At year end it held assets of $508k against liabilities of $664k, net assets of -$155k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.