Richardsville Volunteer Fire Department and Rescue Squad Inc

Analysis

Richardsville Volunteer Fire Department and Rescue Squad Inc is a registered charity in United States, based in Richardsville, VA. It received its IRS tax-exemption ruling in November 2000, 26 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, Richardsville Volunteer Fire Department and Rescue Squad Inc reported income of $778k and spending of $583k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $778k (+248%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 343%. Over the whole period it spent 103% 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, Richardsville Volunteer Fire Department and Rescue Squad Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Wyndmoor Hose Company No 1 ($778k), Eastern Pines Fire Rescue Inc ($779k) and New Bloomfiled Fire Company ($778k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $4,782 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $150k, net assets of $959k.