Wilson Volunteer Fire Company

Analysis

Wilson Volunteer Fire Company is a registered charity in United States, based in Lyndhurst, VA. It received its IRS tax-exemption ruling in March 1995, 31 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, Wilson Volunteer Fire Company reported income of $146k and spending of $193k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $146k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 74% 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, Wilson Volunteer Fire Company sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Community Fire Company of Seven Valleys Inc ($145k), Memphis-Shelby County Law Enforcement Foundation Inc ($146k) and Chip Terry Fund for First Responders Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $949k against liabilities of $8,565, net assets of $940k.