Horsepasture District Volunteer Fire Department Inc

Analysis

Horsepasture District Volunteer Fire Department Inc is a registered charity in United States, based in Ridgeway, VA. It received its IRS tax-exemption ruling in February 2019, 7 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, Horsepasture District Volunteer Fire Department Inc reported income of $146k and spending of $97k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $337k to $146k (-57%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 71% 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, Horsepasture District Volunteer Fire Department Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Otto Township Volunteer Fire Department & Ambulance Association ($146k), Jay Township Volunteer Fire Company Elk Company 5 ($146k) and Niagara Engine Company No 6 Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $430k against liabilities of $0, net assets of $430k.