Danese Volunteer Fire Department and Rescue Squad Inc

Analysis

Danese Volunteer Fire Department and Rescue Squad Inc is a registered charity in United States, based in Danese, WV. It received its IRS tax-exemption ruling in April 2022, 4 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, Danese Volunteer Fire Department and Rescue Squad Inc reported income of $174k and spending of $176k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $136k to $174k (+28%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danese Volunteer Fire Department and Rescue Squad Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WV. Charities of a similar size with the same main cause include American Planning Association ($174k), Los Angeles County Firemans Welfare Fund ($174k) and USA Softball of Arkansas Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.