Tangier Volunteer Fire Department Inc

Analysis

Tangier Volunteer Fire Department Inc is a registered charity in United States, based in Tangier, VA. It received its IRS tax-exemption ruling in April 2015, 11 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 June 2023, Tangier Volunteer Fire Department Inc reported income of $176k and spending of $118k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $184k to $176k (-4.4%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 72% 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, Tangier Volunteer Fire Department Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include North Java Fire Co Inc ($176k), Eureka Volunteer Firefighters Relief Association ($176k) and Bike Walk Macon Inc ($176k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% and program service revenue 0.5% of the total. At year end it held assets of $252k against liabilities of $26k, net assets of $226k.