Triplet Volunteer Fire Departmentinc

Analysis

Triplet Volunteer Fire Departmentinc is a registered charity in United States, based in Triplet, VA. It received its IRS tax-exemption ruling in June 2007, 19 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, Triplet Volunteer Fire Departmentinc reported income of $161k and spending of $138k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $58k to $161k (+180%), an average of +67% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 118% 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, Triplet Volunteer Fire Departmentinc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Gladys Volunteer Fire Department Incorporated ($161k), The Elevated Studio Inc ($161k) and Richfield Ambulance League Inc ($161k).

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 $507k against liabilities of $189k, net assets of $318k.