Vicco Sassafras Volunteer Fire Department Inc

Analysis

Vicco Sassafras Volunteer Fire Department Inc is a registered charity in United States, based in Vicco, KY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vicco Sassafras Volunteer Fire Department Inc reported income of $62k and spending of $83k, spending 134% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $60k to $62k (+2.9%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vicco Sassafras Volunteer Fire Department Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within KY. Charities of a similar size with the same main cause include American Wine Society Educational Foundation Inc ($62k), Hilco Electric TR ($62k) and Latino Advocacy Coalition of Henderson County Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $50k, net assets of $29k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.