Richmond Volunteer Fire and Rescue Company Inc

Analysis

Richmond Volunteer Fire and Rescue Company Inc is a registered charity in United States, based in Richmond, OH. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Richmond Volunteer Fire and Rescue Company Inc reported income of $876k and spending of $751k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $876k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richmond Volunteer Fire and Rescue Company Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Greater San Francisco Teen Challenge Inc ($876k), Meals on Wheels Orange County NC ($876k) and American Contact Dermatitis Society ($876k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 92% of the total. Other salaries and wages came to $355k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 26 employees.