Reedy Volunteer Fire Department Inc

Analysis

Reedy Volunteer Fire Department Inc is a registered charity in United States, based in Reedy, WV. It received its IRS tax-exemption ruling in April 1999, 27 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, Reedy Volunteer Fire Department Inc reported income of $131k and spending of $82k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $131k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 58% 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, Reedy Volunteer Fire Department Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within WV. Charities of a similar size with the same main cause include Fair Lawn Borough Volunteer Fire Company 3 Inc ($131k), Lee County Rescue Squad Thomas Walker Unit Inc ($131k) and Advance Volunteer Fire Department ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $338k against liabilities of $75k, net assets of $263k.