Goochland County Volunteer Fire- Rescue Association Inc

Analysis

Goochland County Volunteer Fire- Rescue Association Inc is a registered charity in United States, based in Goochland, VA. It received its IRS tax-exemption ruling in June 2006, 20 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 2023, Goochland County Volunteer Fire- Rescue Association Inc reported income of $614k and spending of $434k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $745k to $614k (-18%), an average of -4.7% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 66% 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, Goochland County Volunteer Fire- Rescue Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Manitowish Waters Fire Company ($614k), Sugar Grove Volunteer Fire Dept ($614k) and Number Three Volunteer Fire Department Inc ($613k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $16k (3.7% of expenses). Other salaries and wages came to $10k. At year end it held assets of $4.7m against liabilities of $1.2m, net assets of $3.5m. It reported 2 employees.