Friendship Fire Company Number One of Winchester Virginia

Analysis

Friendship Fire Company Number One of Winchester Virginia is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in June 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friendship Fire Company Number One of Winchester Virginia reported income of $281k and spending of $191k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $314k to $281k (-11%), an average of -2.8% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friendship Fire Company Number One of Winchester Virginia sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Grace and Peace Missionary Fellowship Inc ($280k), Teams of Our Lady ($281k) and Presentation Learning Center ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $9,600 (5.0% of expenses). At year end it held assets of $2.8m against liabilities of $37k, net assets of $2.7m.