Pratt Community Volunteer Fire Department Inc

Analysis

Pratt Community Volunteer Fire Department Inc is a registered charity in United States, based in Pratt, WV. It received its IRS tax-exemption ruling in November 1984, 42 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 2023, Pratt Community Volunteer Fire Department Inc reported income of $474k and spending of $105k, leaving 78% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $369k to $474k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 551%. Over the whole period it spent 59% 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, Pratt Community Volunteer Fire Department Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WV. Charities of a similar size with the same main cause include Stafford Fire Department Inc ($474k), Ronda Community Vol Fire Dept Inc ($474k) and Huntington Manor Volunteer Fire Department Inc ($473k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.