Tappahannock Essex Volunteer Fire Department Inc

Analysis

Tappahannock Essex Volunteer Fire Department Inc is a registered charity in United States, based in Tappahannock, VA. It received its IRS tax-exemption ruling in October 1977, 49 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 June 2023, Tappahannock Essex Volunteer Fire Department Inc reported income of $477k and spending of $455k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $381k to $477k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tappahannock Essex Volunteer Fire Department Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Golden West Swim Club Support Group ($477k), LA Voz de LA Esperanza Inc ($477k) and Saint Amelia Education Guild ($477k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $1.3m against liabilities of $433k, net assets of $882k.