Fairfields Volunteer Fire Department Incorporated

Analysis

Fairfields Volunteer Fire Department Incorporated is a registered charity in United States, based in Burgess, VA. It received its IRS tax-exemption ruling in August 1985, 41 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, Fairfields Volunteer Fire Department Incorporated reported income of $589k and spending of $361k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $589k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfields Volunteer Fire Department Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Central Market Trust ($589k), National Church Residences ($589k) and Hillel the Foundation for Jewish Campus Life ($589k).

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 $1.5m against liabilities of $0, net assets of $1.5m.