Washington Volunteer Fire Department and Rescue Squad Inc

Analysis

Washington Volunteer Fire Department and Rescue Squad Inc is a registered charity in United States, based in Washington, IL. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 April 2024, Washington Volunteer Fire Department and Rescue Squad Inc reported income of $3.1m and spending of $2.0m, leaving 34% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.6m to $3.1m (+92%), an average of +18% a year. The sharpest change came in the year to April 2022, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Washington Volunteer Fire Department and Rescue Squad Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Stoney Point Fire Department Inc ($3.0m), American Fireworks Standards Laboratory Inc ($3.1m) and Hatzalah South Florida Emergency Medical Services Inc ($3.0m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 2.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $47k (2.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m. It reported 64 employees.