Moneta Volunteer Fire Department Inc

Analysis

Moneta Volunteer Fire Department Inc is a registered charity in United States, based in Moneta, VA. It received its IRS tax-exemption ruling in October 1997, 29 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, Moneta Volunteer Fire Department Inc reported income of $644k and spending of $350k, leaving 46% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $140k to $644k (+361%), an average of +36% a year. The sharpest change came in the year to December 2019, when income rose by 178%. Over the whole period it spent 81% 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, Moneta Volunteer Fire Department Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Karnes City Volunteer Fire Department Inc ($644k), Colorado State Fire Chiefs ($645k) and Fort Ann Rescue Squad Inc ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.0m against liabilities of $308k, net assets of $703k.