Woodstock Volunteer Fire Department

Analysis

Woodstock Volunteer Fire Department is a registered charity in United States, based in Woodstock, VA. It received its IRS tax-exemption ruling in October 1984, 42 years ago. 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, Woodstock Volunteer Fire Department reported income of $282k and spending of $307k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $282k (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodstock Volunteer Fire Department sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Campolindo Choral Music Education ($282k), LA Canada Junior Baseball Association ($282k) and Nacogdoches Handicapped Housing Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.6% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.