Oak Grove Volunteer Fire Department Inc

Analysis

Oak Grove Volunteer Fire Department Inc is a registered charity in United States, based in Colonial BCH, VA. It received its IRS tax-exemption ruling in February 1994, 32 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, Oak Grove Volunteer Fire Department Inc reported income of $202k and spending of $92k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $202k (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Grove Volunteer Fire Department Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Educare Foundation Inc ($202k), Thorndale Firemans Relief Fund ($202k) and Union Volunteer Fire and Rescue Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $684k against liabilities of $191k, net assets of $493k.