Brosville-Cascade Volunteer Fire Department Inc

Analysis

Brosville-Cascade Volunteer Fire Department Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Brosville-Cascade Volunteer Fire Department Inc reported income of $233k and spending of $363k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $233k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brosville-Cascade Volunteer Fire Department Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include The Hubbard Trust ($233k), Atlanta Chamber Players Inc ($233k) and Ora Education Foundation ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. At year end it held assets of $1.2m against liabilities of $468k, net assets of $758k.