Benwood Volunteer Fire Department Inc

Analysis

Benwood Volunteer Fire Department Inc is a registered charity in United States, based in Benwood, WV. It received its IRS tax-exemption ruling in March 2017, 9 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, Benwood Volunteer Fire Department Inc reported income of $122k and spending of $97k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $97k to $122k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 132% 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, Benwood Volunteer Fire Department Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within WV. Charities of a similar size with the same main cause include Falls of Rough Community Volunteer Fire Department Inc ($122k), Selkirk Fire Department Inc ($122k) and Gate City Volunteer Fire Department Inc ($122k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $479k against liabilities of $72k, net assets of $407k.