Buckhorn Volunteer Fire Department Inc

Analysis

Buckhorn Volunteer Fire Department Inc is a registered charity in United States, based in South Hill, VA. It received its IRS tax-exemption ruling in May 2000, 26 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, Buckhorn Volunteer Fire Department Inc reported income of $110k and spending of $161k, spending 146% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $419k to $110k (-74%), an average of -36% a year. The sharpest change came in the year to June 2022, when income rose by 191%. Over the whole period it spent 56% 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, Buckhorn Volunteer Fire Department Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Ua Charitable Fund Trust ($110k), Munhall Bureau of Fire ($110k) and King County Explorer Search and Rescue ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.1m against liabilities of $377k, net assets of $716k.