New Manchester Volunteer Fire Department Inc

Analysis

New Manchester Volunteer Fire Department Inc is a registered charity in United States, based in New Manchestr, WV. It received its IRS tax-exemption ruling in February 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Manchester Volunteer Fire Department Inc reported income of $199k and spending of $144k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $199k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Manchester Volunteer Fire Department Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within WV. Charities of a similar size with the same main cause include Little League Baseball Inc ($199k), South County News ($199k) and Preschool Early Development and Screening Committee of Albany Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. At year end it held assets of $390k against liabilities of $317k, net assets of $73k.