Hampden-Sydney Volunteer Fire Department Incorporated

Analysis

Hampden-Sydney Volunteer Fire Department Incorporated is a registered charity in United States, based in Hmpden Sydney, VA. It received its IRS tax-exemption ruling in June 1983, 43 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 March 2023, Hampden-Sydney Volunteer Fire Department Incorporated reported income of $172k and spending of $287k, spending 167% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $203k to $172k (-16%), an average of -4.1% a year. The sharpest change came in the year to March 2021, when income rose by 326%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hampden-Sydney Volunteer Fire Department Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Cetana Educational Foundation Inc ($172k), Tourette Association of America Inc ($172k) and South Bay Chamber Music Society Inc ($172k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $809k against liabilities of $54k, net assets of $755k.