Clear Brook Volunteer Fire & Rescue Inc

Analysis

Clear Brook Volunteer Fire & Rescue Inc is a registered charity in United States, based in Clear Brook, VA. It received its IRS tax-exemption ruling in March 1982, 44 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, Clear Brook Volunteer Fire & Rescue Inc reported income of $587k and spending of $238k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $587k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clear Brook Volunteer Fire & Rescue Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Izaak Walton League of America Inc ($587k), Missouri Innovation Center Inc ($587k) and Housing Opportunities Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $4.1m against liabilities of $5,067, net assets of $4.1m.