Vale Volunteer Fire Department

Analysis

Vale Volunteer Fire Department is a registered charity in United States, based in Vale, SD. It received its IRS tax-exemption ruling in October 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, Vale Volunteer Fire Department reported income of $75k and spending of $65k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $75k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. 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, Vale Volunteer Fire Department sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 23rd percentile within SD. Charities of a similar size with the same main cause include Ivanhoe Volunteer Fire Department ($75k), Hebron Volunteer Fire Department Inc ($75k) and Sturkie VFD ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. At year end it held assets of $340k against liabilities of $38k, net assets of $302k.