Mathias-Baker Volunteer Fire Company

Analysis

Mathias-Baker Volunteer Fire Company is a registered charity in United States, based in Mathias, WV. It received its IRS tax-exemption ruling in December 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 2023, Mathias-Baker Volunteer Fire Company reported income of $238k and spending of $294k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $238k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 88% 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, Mathias-Baker Volunteer Fire Company sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WV. Charities of a similar size with the same main cause include Firefighters United for Safety Ethics and Ecology ($238k), Katonah Fire Department ($238k) and Natalia Volunteer Fire Department Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $721k against liabilities of $222k, net assets of $500k.