Lorton Volunteer Fire Department and Rescue Squad

Analysis

Lorton Volunteer Fire Department and Rescue Squad is a registered charity in United States, based in Lorton, VA. It received its IRS tax-exemption ruling in July 2017, 9 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, Lorton Volunteer Fire Department and Rescue Squad reported income of $83k and spending of $140k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $83k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 243% 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, Lorton Volunteer Fire Department and Rescue Squad sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Memphis Fire Fighters Association Foundation ($83k), Petrolia Volunteer Fire Department ($83k) and McMahan Volunteer Fire Department ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 1.9% of the total. It paid $28k in professional fundraising fees. At year end it held assets of $99k against liabilities of $530k, net assets of -$431k.

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.