Toms Brook Volunteer Fire Dept

Analysis

Toms Brook Volunteer Fire Dept is a registered charity in United States, based in Toms Brook, VA. It received its IRS tax-exemption ruling in February 2001, 25 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, Toms Brook Volunteer Fire Dept reported income of $311k and spending of $295k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $311k (+90%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 76% 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, Toms Brook Volunteer Fire Dept sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Union Fire Co No 1 Hamburg ($311k), Wall Volunteer Fire Department Inc ($311k) and Philomont Volunteer Fire Department Incorporated ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.3m against liabilities of $570k, net assets of $773k.