Adwolfe Volunteer Fire Department Inc

Analysis

Adwolfe Volunteer Fire Department Inc is a registered charity in United States, based in Marion, VA. It received its IRS tax-exemption ruling in April 1996, 30 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 (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 2022, Adwolfe Volunteer Fire Department Inc reported income of $149k and spending of $122k, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $79k to $149k (+89%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 104% 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, Adwolfe Volunteer Fire Department Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Coalition for a Safer Web ($149k), Lumberport Vol Fire Dept ($149k) and Volunteer Firemens Relief Assoc of Township of Spring Vol Fire Dept ($148k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% of the total. At year end it held assets of $142k against liabilities of $68k, net assets of $73k.