Boothsville Volunteer Fire Department Inc

Analysis

Boothsville Volunteer Fire Department Inc is a registered charity in United States, based in Fairmont, WV. It received its IRS tax-exemption ruling in July 1984, 42 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 June 2023, Boothsville Volunteer Fire Department Inc reported income of $287k and spending of $162k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $161k to $287k (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boothsville Volunteer Fire Department Inc 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 61st percentile, and in the 59th percentile within WV. Charities of a similar size with the same main cause include Renounce Denounce Gang Intervention Program Corporation ($287k), Auburn Childrens House a Montessori School ($287k) and Art Association of Harrisburg ($287k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $658k against liabilities of $347k, net assets of $311k.