Vermillion Rural Fire Department

Analysis

Vermillion Rural Fire Department is a registered charity in United States, based in Vermillion, SD. It received its IRS tax-exemption ruling in July 2018, 8 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, Vermillion Rural Fire Department reported income of $305k and spending of $253k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $305k (+123%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 136% 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, Vermillion Rural Fire Department sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within SD. Charities of a similar size with the same main cause include Cope Northern Sonoma County ($304k), Granville Fire Company ($305k) and Landisburg Fire Company ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 21% of the total. Other salaries and wages came to $2,174. At year end it held assets of $347k against liabilities of $0, net assets of $347k.