Stanley Volunteer Fire Department Incorporated

Analysis

Stanley Volunteer Fire Department Incorporated is a registered charity in United States, based in Stanley, VA. It received its IRS tax-exemption ruling in December 2016, 10 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, Stanley Volunteer Fire Department Incorporated reported income of $220k and spending of $186k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $220k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 90% 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, Stanley Volunteer Fire Department Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Litchfield County Fire Chiefs Emergency Plan Inc ($220k), Beyond the Call of Duty ($221k) and Dr Pepper Snapple Group Employee Relief Fund ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 2.6% of the total. At year end it held assets of $491k against liabilities of $178k, net assets of $313k.