Spelter Volunteer Fire Department Inc

Analysis

Spelter Volunteer Fire Department Inc is a registered charity in United States, based in Spelter, WV. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Spelter Volunteer Fire Department Inc reported income of $146k and spending of $106k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $146k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spelter Volunteer Fire Department Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within WV. Charities of a similar size with the same main cause include Texas 4-H ($146k), Circle Area Humane Society ($146k) and New York Feminist Art Institute Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $266k against liabilities of $360k, net assets of -$93k.