Spring Valley Volunteer Fire Department

Analysis

Spring Valley Volunteer Fire Department is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in April 1984, 42 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, Spring Valley Volunteer Fire Department reported income of $113k and spending of $353k, spending 313% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $257k to $113k (-56%), an average of -19% a year. The sharpest change came in the year to December 2020, when income rose by 393%. Over the whole period it spent 97% 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 Department sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Callisburg Volunteer Fire Department ($113k), Hope Fire Co 2 St40 Aas ($113k) and West Leisenring Community Volunteer Fire Department North Union Townsh ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. At year end it held assets of $823k against liabilities of $0, net assets of $823k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.