Stockport Volunteer Fire Department

Analysis

Stockport Volunteer Fire Department is a registered charity in United States, based in Stockport, OH. It received its IRS tax-exemption ruling in February 1982, 44 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, Stockport Volunteer Fire Department reported income of $86k and spending of $69k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $86k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stockport Volunteer Fire Department sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Ringgold Band Inc ($86k), Grace City Community Betterment ($86k) and The Praxis Group ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 73% of the total. At year end it held assets of $1.2m against liabilities of $161k, net assets of $1.0m.