Midway Fire Dept

Analysis

Midway Fire Dept is a registered charity in United States, based in Virgilina, VA. It received its IRS tax-exemption ruling in November 2006, 20 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 December 2023, Midway Fire Dept reported income of $120k and spending of $175k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $120k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 119% 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, Midway Fire Dept sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include The Bradley Beach First Aid Squad Inc ($120k), Sri Lankan Muslim Community Center ($120k) and Stoystown Volunteer Fire Company Inc ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $539k against liabilities of $268k, net assets of $271k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.