Victoria Fire and Rescue Company Incorporated

Analysis

Victoria Fire and Rescue Company Incorporated is a registered charity in United States, based in Victoria, VA. It received its IRS tax-exemption ruling in December 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victoria Fire and Rescue Company Incorporated reported income of $863k and spending of $808k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $749k to $863k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 103% 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, Victoria Fire and Rescue Company Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Darlington Volunteer Fire Company Incorporated ($861k), Rapids Fire Co of Town of Lockport ($865k) and Liberty Heights Community Center ($859k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Other salaries and wages came to $481k. At year end it held assets of $245k against liabilities of $281k, net assets of -$36k. It reported 13 employees.