Barboursville Volunteer Fire Company

Analysis

Barboursville Volunteer Fire Company is a registered charity in United States, based in Barboursville, VA. It received its IRS tax-exemption ruling in April 2011, 15 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 2023, Barboursville Volunteer Fire Company reported income of $372k and spending of $285k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $372k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 98% 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, Barboursville Volunteer Fire Company sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Faison Fire & Rescue Inc ($371k), North Branch Volunteer Fire Co ($372k) and Arklatex Safety Council Inc ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.3m against liabilities of $625k, net assets of $680k.