Patrick Springs Volunteer Fire Department Inc

Analysis

Patrick Springs Volunteer Fire Department Inc is a registered charity in United States, based in Patrick SPGS, VA. It received its IRS tax-exemption ruling in August 2007, 19 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, Patrick Springs Volunteer Fire Department Inc reported income of $87k and spending of $101k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $180k to $87k (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 175%. Over the whole period it spent 111% 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, Patrick Springs Volunteer Fire Department Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Delray Beach Firefighters & Paramedics Benevolent Fund Inc ($87k), Ferrell Volunteer Fire Co No 1 ($87k) and NFFD Volunteers Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.