River Bend Volunteer Fire Department Inc

Analysis

River Bend Volunteer Fire Department Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in July 2024, 2 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, River Bend Volunteer Fire Department Inc reported income of $175k and spending of $50k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $175k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 36% 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, River Bend Volunteer Fire Department Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Clarion Fire and Hose Company No 1 ($175k), Fire Congress Fellowship Inc ($175k) and Grantsboro-Silverhill Volnteer Fire Dept and Emergency Services Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. At year end it held assets of $285k against liabilities of $5,128, net assets of $279k.