Ridgeley Volunteer Fire Co

Analysis

Ridgeley Volunteer Fire Co is a registered charity in United States, based in Ridgeley, WV. It received its IRS tax-exemption ruling in June 2019, 7 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, Ridgeley Volunteer Fire Co reported income of $396k and spending of $254k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $396k (+124%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 46%. 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, Ridgeley Volunteer Fire Co sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WV. Charities of a similar size with the same main cause include Edge Hill Fire Company No 1 ($396k), Thomaston Volunteer Ambulance Corps Inc ($396k) and Volunteer and Exempt Firemens Association of Garden City ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 13% of the total. At year end it held assets of $763k against liabilities of $242k, net assets of $521k.