Short Gap Volunteer Fire Company

Analysis

Short Gap Volunteer Fire Company is a registered charity in United States, based in Ridgeley, WV. It received its IRS tax-exemption ruling in March 1995, 31 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, Short Gap Volunteer Fire Company reported income of $312k and spending of $276k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $473k to $312k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 76% 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, Short Gap Volunteer Fire Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within WV. Charities of a similar size with the same main cause include Paxtonia Fire Company ($312k), Valley Grove Volunteer Fire Dept ($312k) and Wall Volunteer Fire Department Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $68k (25% of expenses). At year end it held assets of $1.4m against liabilities of $397k, net assets of $969k. It reported 1 employees.