Bowerston Volunteer Fire Department

Analysis

Bowerston Volunteer Fire Department is a registered charity in United States, based in Bowerston, OH. It received its IRS tax-exemption ruling in December 1976, 50 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, Bowerston Volunteer Fire Department reported income of $711k and spending of $586k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $711k (+125%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowerston Volunteer Fire Department sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Ohio County Rescue Service Inc ($711k), Latin American Civic Association of the San Fernando Valley ($711k) and Young Womens Christian Association of Adams County Nebraska ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Other salaries and wages came to $164k. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.6m. It reported 27 employees.