Rice Volunteer Fire Department Inc

Analysis

Rice Volunteer Fire Department Inc is a registered charity in United States, based in Rice, VA. It received its IRS tax-exemption ruling in November 2016, 10 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, Rice Volunteer Fire Department Inc reported income of $147k and spending of $142k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $103k to $147k (+43%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 71% 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, Rice Volunteer Fire Department Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Bluewell Volunteer Fire Department ($147k), Brookline Fire Company ($147k) and Peninsula Fire Department Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $537k against liabilities of $121k, net assets of $416k.