Weyers Cave Voluntary Fire Company Incorporated

Analysis

Weyers Cave Voluntary Fire Company Incorporated is a registered charity in United States, based in Weyers Cave, VA. It received its IRS tax-exemption ruling in July 1999, 27 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, Weyers Cave Voluntary Fire Company Incorporated reported income of $432k and spending of $252k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $432k (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 62% 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, Weyers Cave Voluntary Fire Company Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Northeast First Aid Corps ($432k), Luray Volunteer Fire Department ($432k) and Cherokee Creek Volunteer Fire Department Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 9.8% of the total. At year end it held assets of $1.9m against liabilities of $253k, net assets of $1.6m.