Volunteer Fire Department Inc

Analysis

Volunteer Fire Department Inc is a registered charity in United States, based in Blacksburg, SC. It received its IRS tax-exemption ruling in May 1970, 56 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 February 2024, Volunteer Fire Department Inc reported income of $222k and spending of $198k, spending 89% of its income. Across the 4 years on record, from February 2020 to February 2024, income grew from $174k to $222k (+27%), an average of +8.3% a year. The sharpest change came in the year to February 2022, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteer Fire Department Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Arlington Youth Lacrosse and Field Hockey Club ($222k), Art Barn School of Art Inc ($222k) and Roland Story Community School District Foundation ($222k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $421k against liabilities of $0, net assets of $421k.