Troutville Volunteer Fire Department of Botetourt County

Analysis

Troutville Volunteer Fire Department of Botetourt County is a registered charity in United States, based in Troutville, VA. It received its IRS tax-exemption ruling in July 1997, 29 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, Troutville Volunteer Fire Department of Botetourt County reported income of $271k and spending of $230k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $271k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 87% 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, Troutville Volunteer Fire Department of Botetourt County sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Iadlest Foundation ($271k), Albertson Volunteer Fire Department ($271k) and The Smithville South Hook Ladder and Engine Company No 1 ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $570k against liabilities of $182k, net assets of $388k.