Renick Volunteer Fire Department Inc

Analysis

Renick Volunteer Fire Department Inc is a registered charity in United States, based in Renick, WV. It received its IRS tax-exemption ruling in June 1996, 30 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, Renick Volunteer Fire Department Inc reported income of $77k and spending of $41k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $52k to $77k (+49%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 71% 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, Renick Volunteer Fire Department Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Muhlenberg County Fire Department Dunmor Division Inc ($77k), Fair Oaks Volunteer Fire and Rescue Company Incorporated ($77k) and Haneyville Volunteer Fire Co ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.