Davis Corner Volunteer Fire Department & Rescue Squad Inc

Analysis

Davis Corner Volunteer Fire Department & Rescue Squad Inc is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in March 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 December 2023, Davis Corner Volunteer Fire Department & Rescue Squad Inc reported income of $177k and spending of $131k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $177k (+19%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 73% 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, Davis Corner Volunteer Fire Department & Rescue Squad Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Manor Volunteer Fire Dept ($177k), Broad Channel Volunteers Inc ($177k) and Georgia Emc Foundation Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. It paid $19k in professional fundraising fees. At year end it held assets of $651k against liabilities of $0, net assets of $651k.