Swoope Volunteer Fire Company

Analysis

Swoope Volunteer Fire Company is a registered charity in United States, based in Swoope, VA. It received its IRS tax-exemption ruling in April 1999, 27 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, Swoope Volunteer Fire Company reported income of $189k and spending of $203k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $404k to $189k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 77% 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, Swoope Volunteer Fire Company sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Hamilton Co Special Tactics and Rescue Service ($189k), New Berlin Fire Company Number One ($189k) and Dell Rapids Volunteer Fire Department Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $1.1m against liabilities of $175k, net assets of $937k.