Glenmore Volunteer Fire Co

Analysis

Glenmore Volunteer Fire Co is a registered charity in United States, based in Scottsville, VA. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Glenmore Volunteer Fire Co reported income of $146k and spending of $155k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $146k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 257%. Over the whole period it spent 93% 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, Glenmore Volunteer Fire Co sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Lovington Community Ambulance Service Inc ($146k), Belvoir Volunteer Fire Department Inc ($146k) and Ohio Association for Pupil Transportation ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $752k against liabilities of $62k, net assets of $689k.