Wheatfield Volunteer Fire Department Inc

Analysis

Wheatfield Volunteer Fire Department Inc is a registered charity in United States, based in Wheatfield, IN. It received its IRS tax-exemption ruling in August 2004, 22 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, Wheatfield Volunteer Fire Department Inc reported income of $133k and spending of $270k, spending 203% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $133k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 270%. Over the whole period it spent 87% 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, Wheatfield Volunteer Fire Department Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Reno Volunteer Fire Department ($133k), Charley Rouss Fire Company Endowment Fund ($133k) and Highland Chemical Engine Company ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 91% of the total. Other salaries and wages came to $15k. At year end it held assets of $601k against liabilities of $89k, net assets of $512k. It reported 2,928 employees.