Fincastle Volunteer Fire Department Inc

Analysis

Fincastle Volunteer Fire Department Inc is a registered charity in United States, based in Fincastle, VA. It received its IRS tax-exemption ruling in April 1996, 30 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, Fincastle Volunteer Fire Department Inc reported income of $84k and spending of $29k, leaving 65% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $94k to $84k (-11%), an average of -3.7% a year. Over the whole period it spent 43% 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, Fincastle Volunteer Fire Department Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Good Will Fire Company No 1 of Port Carbon ($83k), Pine Snag-Lobo Fire Association Inc ($84k) and Vesta Rescue Squad Inc ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.0m against liabilities of $131k, net assets of $2.9m.