Versailles Volunteer Fire Dept Inc

Analysis

Versailles Volunteer Fire Dept Inc is a registered charity in United States, based in Versailles, IN. It received its IRS tax-exemption ruling in February 1983, 43 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, Versailles Volunteer Fire Dept Inc reported income of $159k and spending of $192k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $99k to $159k (+60%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 107% 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, Versailles Volunteer Fire Dept Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Dogs Helping Heroes Inc ($159k), Goodridge Area Fire & Rescue ($159k) and Masontown Volunteer Fire Department Incorporated ($158k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $762k against liabilities of $333k, net assets of $429k.