Craig County-New Castle Volunteer Fire Department Inc

Analysis

Craig County-New Castle Volunteer Fire Department Inc is a registered charity in United States, based in New Castle, VA. It received its IRS tax-exemption ruling in November 1994, 32 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, Craig County-New Castle Volunteer Fire Department Inc reported income of $76k and spending of $58k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $76k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 91% 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, Craig County-New Castle Volunteer Fire Department Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Northside Engine Company No 4 Inc ($76k), Wyckoff Volunteer Fire Department Inc ($76k) and Mountain View Fire and Safety Association Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $165k against liabilities of $11k, net assets of $153k.