Beverly Volunteer Fire Department

Analysis

Beverly Volunteer Fire Department is a registered charity in United States, based in Beverly, OH. It received its IRS tax-exemption ruling in October 1985, 41 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, Beverly Volunteer Fire Department reported income of $98k and spending of $64k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $98k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beverly Volunteer Fire Department sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($98k), Friends of Madera Canyon ($98k) and National Association of Housing & Redevelopment Officials ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.