Chase City Volunteer Fire Department Inc

Analysis

Chase City Volunteer Fire Department Inc is a registered charity in United States, based in Chase City, VA. It received its IRS tax-exemption ruling in August 2006, 20 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, Chase City Volunteer Fire Department Inc reported income of $583k and spending of $478k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $583k (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 102% 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, Chase City Volunteer Fire Department Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Brandon Volunteer Fire Department ($583k), Ridgway Fire Department Inc ($583k) and Oak Hill Fire and Rescue Protection Association Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 7.0% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.