Morrisvale Volunteer Fire Department Inc

Analysis

Morrisvale Volunteer Fire Department Inc is a registered charity in United States, based in Morrisvale, WV. It received its IRS tax-exemption ruling in June 2004, 22 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 2024, Morrisvale Volunteer Fire Department Inc reported income of $281k and spending of $239k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $218k to $281k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 105% 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, Morrisvale Volunteer Fire Department Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within WV. Charities of a similar size with the same main cause include West Earl Fire Co No 1 ($281k), Bridger-Teton Avalanche Center Foundation ($281k) and Operation Open Water ($281k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.3m against liabilities of $926, net assets of $2.3m.