Hartwood Volunteer Firemens Association Incorporation

Analysis

Hartwood Volunteer Firemens Association Incorporation is a registered charity in United States, based in Hartwood, VA. It received its IRS tax-exemption ruling in October 2003, 23 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, Hartwood Volunteer Firemens Association Incorporation reported income of $126k and spending of $76k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $126k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 1216%. Over the whole period it spent 73% 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, Hartwood Volunteer Firemens Association Incorporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Turtle Creek Volunteer Fire Department Inc ($126k), Depew Volunteer Fire Department Inc ($127k) and Toms River Volunteer Fire Dept Co 2 ($126k).

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 $2.1m against liabilities of $6,489, net assets of $2.1m.