Belvedere Volunteer Fire Co

Analysis

Belvedere Volunteer Fire Co is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in May 2001, 25 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, Belvedere Volunteer Fire Co reported income of $1.5m and spending of $1.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+26%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 69% 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, Belvedere Volunteer Fire Co sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within DE. Charities of a similar size with the same main cause include Lakes of the Four Seasons Volunteer Fire Force ($1.5m), Lake Norman Volunteer Fire Dept ($1.5m) and Tenth District Volunteer Fire Dept ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. At year end it held assets of $3.6m against liabilities of $78k, net assets of $3.5m. It reported 26 employees.