Faber Volunteer Fire Dept

Analysis

Faber Volunteer Fire Dept is a registered charity in United States, based in Faber, VA. It received its IRS tax-exemption ruling in October 2001, 25 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, Faber Volunteer Fire Dept reported income of $72k and spending of $136k, spending 190% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $683k to $72k (-89%), an average of -36% a year. The sharpest change came in the year to December 2020, when income rose by 628%. Over the whole period it spent 62% 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, Faber Volunteer Fire Dept sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Fort McKavett Texas Volunteer Fire Department Inc ($72k), Earles Chapel Volunteer Fire Department ($72k) and The Christine M McCaffrey Community Emergency Fund ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $701k against liabilities of $0, net assets of $701k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.