Grafton Volunteer Fire Department Inc

Analysis

Grafton Volunteer Fire Department Inc is a registered charity in United States, based in Grafton, WV. It received its IRS tax-exemption ruling in December 1978, 48 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, Grafton Volunteer Fire Department Inc reported income of $230k and spending of $182k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $757k to $230k (-70%), an average of -33% a year. The sharpest change came in the year to December 2021, when income dropped by 66%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grafton Volunteer Fire Department Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WV. Charities of a similar size with the same main cause include Alexandria Volunteer Fire Co ($230k), Rhode Island Center for Freedom and Prosperity ($230k) and Phi Lambda Sigma National Office ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $958k against liabilities of $0, net assets of $958k.