Castleton Community Volunteer Fire Company

Analysis

Castleton Community Volunteer Fire Company is a registered charity in United States, based in Castleton, VA. It received its IRS tax-exemption ruling in May 2008, 18 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 2022, Castleton Community Volunteer Fire Company reported income of $157k and spending of $151k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $122k to $157k (+29%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 99%. 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, Castleton Community Volunteer Fire Company sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Elysian Fire Department Relief Association ($157k), Cove Creek-Pearson Volunteer Fire Department ($157k) and The Stinson Beach Volunteer Firefighters Association Inc ($157k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.