Brookville-Timberlake Volunteer Fire Department Incorporated

Analysis

Brookville-Timberlake Volunteer Fire Department Incorporated is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Brookville-Timberlake Volunteer Fire Department Incorporated reported income of $329k and spending of $166k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $329k (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 393%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brookville-Timberlake Volunteer Fire Department Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Western States Evangelistic Association ($329k), American Youth Football Inc ($329k) and Sunrise Christian Hoops Foundation ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.9m against liabilities of $189k, net assets of $1.7m.