Devola Volunteer Fire Company Inc

Analysis

Devola Volunteer Fire Company Inc is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in August 1998, 28 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, Devola Volunteer Fire Company Inc reported income of $527k and spending of $485k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $527k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 89% 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, Devola Volunteer Fire Company Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Belle Valley Fire Dept Inc ($527k), Foundation for Fire and Rescue in Latin America Corp ($527k) and Western Wayne Ambulance Inc ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $3,264 (0.7% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.1m against liabilities of $187k, net assets of $885k. It reported 17 employees.