Oak Level Volunteer Fire Association

Analysis

Oak Level Volunteer Fire Association is a registered charity in United States, based in Halifax, VA. It received its IRS tax-exemption ruling in September 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oak Level Volunteer Fire Association reported income of $165k and spending of $73k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $101k to $165k (+64%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 52% 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, Oak Level Volunteer Fire Association sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Hope and Jackson Fire Company ($165k), Metro Richmond Flying Squad Inc ($165k) and Gardnerville Fire Department Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $615k against liabilities of $0, net assets of $615k.