Lavalette Volunteer Fire Dept

Analysis

Lavalette Volunteer Fire Dept is a registered charity in United States, based in Lavalette, WV. It received its IRS tax-exemption ruling in August 2000, 26 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, Lavalette Volunteer Fire Dept reported income of $500k and spending of $626k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $561k to $500k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 107% 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, Lavalette Volunteer Fire Dept sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WV. Charities of a similar size with the same main cause include Santa Barbara County Search and Rescue Inc ($500k), Limestone Volunteer Fire Department Inc ($500k) and Jetty Rock Foundation Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 53% of the total. Other salaries and wages came to $191k. At year end it held assets of $749k against liabilities of $325k, net assets of $425k. It reported 27 employees.