Spring Valley Volunteer Fire Dept

Analysis

Spring Valley Volunteer Fire Dept is a registered charity in United States, based in Hulbert, OK. It received its IRS tax-exemption ruling in July 1993, 33 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 September 2023, Spring Valley Volunteer Fire Dept reported income of $124k and spending of $74k, leaving 40% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $85k to $124k (+45%), an average of +45% a year. The sharpest change came in the year to September 2023, when income rose by 45%. Over the whole period it spent 63% 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, Spring Valley Volunteer Fire Dept sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OK. Charities of a similar size with the same main cause include The East Bethel Firemens Relief Association ($124k), Choctaw Volunteer Fire Department Inc ($124k) and Riverside Volunteer Fire Department Inc ($124k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 40% of the total. At year end it held assets of $205k against liabilities of $40k, net assets of $165k.