Farmville Volunteer Fire Dep

Analysis

Farmville Volunteer Fire Dep is a registered charity in United States, based in Farmville, VA. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2024, Farmville Volunteer Fire Dep reported income of $118k and spending of $150k, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $77k to $118k (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 143%. Over the whole period it spent 99% 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, Farmville Volunteer Fire Dep sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Mud River Volunteer Fire Department Inc ($118k), Diboll Volunteer Fire Department ($118k) and Millington Volunteer Fire Company No 1 ($118k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 0.0% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.