New Martinsville Volunteer Fire Department Inc

Analysis

New Martinsville Volunteer Fire Department Inc is a registered charity in United States, based in N Martinsvlle, WV. It received its IRS tax-exemption ruling in March 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, New Martinsville Volunteer Fire Department Inc reported income of $158k and spending of $134k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $158k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 77% 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, New Martinsville Volunteer Fire Department Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within WV. Charities of a similar size with the same main cause include Rowland Rescue Squad Inc ($158k), Modoc Fire Safe Council ($158k) and Belleville Volunteer Firefighters Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. At year end it held assets of $707k against liabilities of $83k, net assets of $625k.