Grandview Volunteer Fire Department Inc

Analysis

Grandview Volunteer Fire Department Inc is a registered charity in United States, based in N Martinsvlle, WV. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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, Grandview Volunteer Fire Department Inc reported income of $114k and spending of $44k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $114k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grandview Volunteer Fire Department Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within WV. Charities of a similar size with the same main cause include Lake Placid Child Care Committee Inc ($114k), Red White and Bundled ($114k) and Salem Nutrition Center ($114k).

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 $867k against liabilities of $99k, net assets of $768k.