Verdunville Volunteer Fire Department Inc

Analysis

Verdunville Volunteer Fire Department Inc is a registered charity in United States, based in Verdunville, WV. It received its IRS tax-exemption ruling in September 2013, 13 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, Verdunville Volunteer Fire Department Inc reported income of $201k and spending of $161k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $201k (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 123% 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, Verdunville Volunteer Fire Department Inc sits at the 61st percentile: it is larger than about 60% 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 Greenfield TWP Vol Fire Co ($201k), Tenet Care Fund ($201k) and Buffalo Creek Volunteer Fire Department Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $388k, net assets of -$295k.