The Belfasr-Rosedale Volunteer Fire Department Incorporated

Analysis

The Belfasr-Rosedale Volunteer Fire Department Incorporated is a registered charity in United States, based in Cedar Bluff, VA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Belfasr-Rosedale Volunteer Fire Department Incorporated reported income of $99k and spending of $114k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $114k to $99k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income dropped by 42%. Over the whole period it spent 144% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Belfasr-Rosedale Volunteer Fire Department Incorporated sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Stilwell Elementary Parent Teacher Organization Inc ($99k), Ace Mentor Program of America Inc ($99k) and Colleyville Heritage High School Pantera Booster Club ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 14% of the total. At year end it held assets of $668k against liabilities of $0, net assets of $668k.

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.