Ghent Area Volunteer Fire Department Inc

Analysis

Ghent Area Volunteer Fire Department Inc is a registered charity in United States, based in Ghent, WV. It received its IRS tax-exemption ruling in July 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Ghent Area Volunteer Fire Department Inc reported income of $1.2m and spending of $880k, leaving 24% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $651k to $1.2m (+78%), an average of +16% a year. The sharpest change came in the year to April 2024, when income rose by 25%. Over the whole period it spent 77% 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, Ghent Area Volunteer Fire Department Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within WV. Charities of a similar size with the same main cause include Bryans Road Vol Fire Dept & Rescue Squad Inc ($1.2m), Atwell Township Volunteer Fire Department ($1.2m) and Alaska Marine Safety Education Association ($1.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $405k (46% of expenses). Other salaries and wages came to $18k. At year end it held assets of $4.2m against liabilities of $327k, net assets of $3.8m. It reported 13 employees.