Shrewsbury Volunteer Fire Department Inc

Analysis

Shrewsbury Volunteer Fire Department Inc is a registered charity in United States, based in Shrewsbury, VT. 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, Shrewsbury Volunteer Fire Department Inc reported income of $89k and spending of $55k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $111k to $89k (-20%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 61% 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, Shrewsbury Volunteer Fire Department Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include Houtzdale Fire Co No 1 ($89k), Bloomsburg Volunteers Firefighters Relief Associations of Bloomsburg ($89k) and Locke Volunteer Fire Department Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.