Stony Point Volunteer Fire Co Incorporated

Analysis

Stony Point Volunteer Fire Co Incorporated is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in February 1975, 51 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 June 2023, Stony Point Volunteer Fire Co Incorporated reported income of $214k and spending of $270k, spending 126% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $191k to $214k (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 96% 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, Stony Point Volunteer Fire Co 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 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Brewster Fire Department Inc ($214k), Point Owoods Volunteer Fire Company Inc ($215k) and Leidos Relief Foundation ($214k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $365k against liabilities of $2,745, net assets of $362k.