Bachelors Hall Volunteer Fire Department Inc

Analysis

Bachelors Hall Volunteer Fire Department Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in July 2002, 24 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 2022, Bachelors Hall Volunteer Fire Department Inc reported income of $220k and spending of $160k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $100k to $220k (+121%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 68% 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, Bachelors Hall Volunteer Fire Department Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Salisbury Volunteer Fire Department Inc ($220k), Dr Pepper Snapple Group Employee Relief Fund ($220k) and Rutland Volunteer Fire Department Inc ($220k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 67% and program service revenue 34% of the total. Other salaries and wages came to $17k. At year end it held assets of $739k against liabilities of $729, net assets of $739k. It reported 14 employees.