Raphine Volunteer Fire Company

Analysis

Raphine Volunteer Fire Company is a registered charity in United States, based in Raphine, VA. It received its IRS tax-exemption ruling in May 1983, 43 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, Raphine Volunteer Fire Company reported income of $302k and spending of $222k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $277k to $302k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 64% 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, Raphine Volunteer Fire Company sits at the 72nd 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 61st percentile within VA. Charities of a similar size with the same main cause include Alleghany County Rescue Squad Inc ($302k), Carnegie Volunteer Fire and Rescue Bureau ($302k) and Collins Chapel Community Volunteer Fire Department ($301k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.