Falling Spring Fire Dept Inc

Analysis

Falling Spring Fire Dept Inc is a registered charity in United States, based in Covington, VA. It received its IRS tax-exemption ruling in January 2005, 21 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, Falling Spring Fire Dept Inc reported income of $291k and spending of $125k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $291k (+170%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 340%. Over the whole period it spent 60% 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, Falling Spring Fire Dept Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include West Hamblen County Volunteer Fire Department ($291k), Big Island Volunteer Fire Co ($291k) and Seville Volunteer Fire Dept ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $817k against liabilities of $0, net assets of $817k.