Beaver Volunteer Fire Department Inc

Analysis

Beaver Volunteer Fire Department Inc is a registered charity in United States, based in Beaver, WV. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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 December 2023, Beaver Volunteer Fire Department Inc reported income of $697k and spending of $561k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $634k to $697k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beaver Volunteer Fire Department Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within WV. Charities of a similar size with the same main cause include Hadley Terrace Inc ($697k), We Can Ride Inc ($697k) and Corazon Puro ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.0% of the total. At year end it held assets of $906k against liabilities of $71k, net assets of $835k.