Catlett Volunteer Fire and Rescue Company Inc

Analysis

Catlett Volunteer Fire and Rescue Company Inc is a registered charity in United States, based in Catlett, VA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Catlett Volunteer Fire and Rescue Company Inc reported income of $797k and spending of $898k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $797k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catlett Volunteer Fire and Rescue Company Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Houses of Light LLC ($796k), Bradford County Regional Arts Council ($797k) and The Friendly Kitchen Inc ($796k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 11% of the total. It paid $2,252 in professional fundraising fees. At year end it held assets of $5.3m against liabilities of $3.5m, net assets of $1.7m.