Rapidan Volunteer Fire Department Inc

Analysis

Rapidan Volunteer Fire Department Inc is a registered charity in United States, based in Rapidan, VA. It received its IRS tax-exemption ruling in December 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, Rapidan Volunteer Fire Department Inc reported income of $288k and spending of $201k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $318k to $288k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rapidan Volunteer Fire Department Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include LA Oportunidad ($288k), Sanborn Daycare Association ($288k) and The Lords Pantry ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $16k (8.1% of expenses). At year end it held assets of $377k against liabilities of $0, net assets of $377k.