Arcola Volunteer Fire Department Inc

Analysis

Arcola Volunteer Fire Department Inc is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in December 2009, 17 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 2024, Arcola Volunteer Fire Department Inc reported income of $662k and spending of $1.0m, spending 154% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $905k to $662k (-27%), an average of -7.5% a year. The sharpest change came in the year to June 2024, when income dropped by 45%. Over the whole period it spent 110% 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, Arcola Volunteer Fire Department Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Sheppton Oneida Volunteer Fire Co ($661k), Union Center Fire Company Inc ($663k) and Union Volunteer Fire Department Inc of Vale NC ($660k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 13% of the total. It paid $24k in professional fundraising fees. At year end it held assets of $7.9m against liabilities of $46k, net assets of $7.9m.