Spotsylvania Volunteer Fire Department Inc

Analysis

Spotsylvania Volunteer Fire Department Inc is a registered charity in United States, based in Spotsylvania, VA. It received its IRS tax-exemption ruling in January 2022, 4 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, Spotsylvania Volunteer Fire Department Inc reported income of $364k and spending of $332k, spending 91% of its income. Across the 6 years on record, from June 2018 to June 2023, income fell from $693k to $364k (-48%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. Over the whole period it spent 98% 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, Spotsylvania Volunteer Fire Department Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Acupuncturists Without Borders ($363k), Rhinebeck Fire Department Inc ($364k) and Common Ground Producers and Growers Inc ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. It paid $15k in professional fundraising fees. At year end it held assets of $537k against liabilities of $0, net assets of $537k.