Saxis Volunteer Fire Company

Analysis

Saxis Volunteer Fire Company is a registered charity in United States, based in Saxis, VA. It received its IRS tax-exemption ruling in May 2014, 12 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, Saxis Volunteer Fire Company reported income of $335k and spending of $233k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $335k (+72%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 86% 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, Saxis Volunteer Fire Company sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Washington TWP Volunteer Fire Co ($334k), Ivor Volunteer Rescue Inc ($335k) and Lieutenant Joseph P Dibernardo Memorial Foundation ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $777k against liabilities of $187k, net assets of $590k.