Wadestown Community Volunteer Fire Department Inc

Analysis

Wadestown Community Volunteer Fire Department Inc is a registered charity in United States, based in Wadestown, WV. It received its IRS tax-exemption ruling in October 2001, 25 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, Wadestown Community Volunteer Fire Department Inc reported income of $134k and spending of $113k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $105k to $134k (+28%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 69% 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, Wadestown Community Volunteer Fire Department Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within WV. Charities of a similar size with the same main cause include Geronimo Volunteer Fire Department Inc ($134k), Lodi Fire Foundation ($134k) and Montcalm Vol Fire Department Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $798k against liabilities of $225k, net assets of $573k.