Stanardsville Volunteer Fire Department Inc

Analysis

Stanardsville Volunteer Fire Department Inc is a registered charity in United States, based in Stanardsville, VA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Stanardsville Volunteer Fire Department Inc reported income of $251k and spending of $356k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $271k to $251k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stanardsville Volunteer Fire Department Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Manchester Center for Developmentally Disabled ($251k), Bowie Senior Citizens Proj ($251k) and Young Womens Christian Association ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.