Montvale Volunteer Fire Department Incorporated

Analysis

Montvale Volunteer Fire Department Incorporated is a registered charity in United States, based in Montvale, VA. It received its IRS tax-exemption ruling in December 1985, 41 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, Montvale Volunteer Fire Department Incorporated reported income of $102k and spending of $34k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,683 to $102k (+2073%), an average of +2073% a year. The sharpest change came in the year to December 2023, when income rose by 2073%. Over the whole period it spent 47% 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, Montvale Volunteer Fire Department Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Rural Volunteer Fire Department of Lewisburg Inc ($102k), Norfolk Volunteer Fire Department Inc ($102k) and North Metcalfe Volunteer Fire Department Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.4% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.