Castlewood Fire and Rescue Inc

Analysis

Castlewood Fire and Rescue Inc is a registered charity in United States, based in Castlewood, VA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Castlewood Fire and Rescue Inc reported income of $450k and spending of $469k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $409k to $450k (+10%), an average of +3.3% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Castlewood Fire and Rescue Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Plaza Amistad ($450k), Association of University Anesthesiologists ($450k) and Advocates Giving Association ($450k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 28% and program service revenue 71% of the total. Other salaries and wages came to $264k. At year end it held assets of $458k against liabilities of $68k, net assets of $390k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.