Salem Volunteer Fire Department Incorporated

Analysis

Salem Volunteer Fire Department Incorporated is a registered charity in United States, based in Culpeper, VA. It received its IRS tax-exemption ruling in January 2011, 15 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, Salem Volunteer Fire Department Incorporated reported income of $360k and spending of $496k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $389k to $360k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 113% 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, Salem Volunteer Fire Department Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Hedgesville Volunteer Fire Co Inc ($359k), Greendale Emergency Rescue Inc ($360k) and Fifth District Volunteer Fire Department Incorporated ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.4m against liabilities of $608k, net assets of $1.7m.