Warrenton Volunteer Fire Company Inc

Analysis

Warrenton Volunteer Fire Company Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in November 2020, 6 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 June 2023, Warrenton Volunteer Fire Company Inc reported income of $1.6m and spending of $1.3m, leaving 21% of income unspent that year. Across the 3 years on record, from December 2019 to June 2023, income grew from $1.1m to $1.6m (+51%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 36%. 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, Warrenton Volunteer Fire Company Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Kailee Mills Foundation ($1.6m), Agsafe ($1.6m) and St Stephens Fire Dept ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $9.5m against liabilities of $4.3m, net assets of $5.2m.