Richardsville Volunteer Fire Department Inc

Analysis

Richardsville Volunteer Fire Department Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in April 2021, 5 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 2024, Richardsville Volunteer Fire Department Inc reported income of $426k and spending of $307k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $407k to $426k (+4.6%), an average of +1.5% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 86% 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, Richardsville Volunteer Fire Department Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within KY. Charities of a similar size with the same main cause include Big Bend Healthcare Coalition Inc ($426k), Coal City Volunteer Fire Department Inc ($426k) and Red Hook Fire Co Inc ($425k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $343k against liabilities of $369k, net assets of -$26k.