Gladys Volunteer Fire Department Incorporated

Analysis

Gladys Volunteer Fire Department Incorporated is a registered charity in United States, based in Gladys, VA. It received its IRS tax-exemption ruling in May 2006, 20 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, Gladys Volunteer Fire Department Incorporated reported income of $161k and spending of $175k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $161k (+115%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 107% 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, Gladys Volunteer Fire Department Incorporated 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 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Richfield Ambulance League Inc ($161k), Triplet Volunteer Fire Departmentinc ($161k) and Silver Creek Fire Department Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $669k against liabilities of $0, net assets of $669k.