Racine Volunteer Fire Department Inc

Analysis

Racine Volunteer Fire Department Inc is a registered charity in United States, based in Racine, WV. It received its IRS tax-exemption ruling in April 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 June 2020, Racine Volunteer Fire Department Inc reported income of $178k and spending of $193k, spending 108% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income grew from $156k to $178k (+14%), an average of +14% a year. Over the whole period it spent 122% 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, Racine Volunteer Fire Department Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within WV. Charities of a similar size with the same main cause include Otter Lake Fire Co Inc ($178k), Dooms Volunteer Fire Company Inc ($178k) and Crisis Response Canines ($178k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 6.8% and program service revenue 90% of the total. At year end it held assets of $937k against liabilities of $256k, net assets of $681k.