Sherrodsville Volunteer Fire Department Inc

Analysis

Sherrodsville Volunteer Fire Department Inc is a registered charity in United States, based in Sherrodsville, OH. It received its IRS tax-exemption ruling in March 2004, 22 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 2023, Sherrodsville Volunteer Fire Department Inc reported income of $180k and spending of $90k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $180k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 106% 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, Sherrodsville Volunteer Fire Department Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Rutherford County Fire-Rescue Association Inc ($180k), Cover Hill Volunteer Fire Company ($180k) and Grassy Knob Volunteer Fire Association Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. At year end it held assets of $457k against liabilities of $0, net assets of $457k.