Chester Volunteer Firemens Association

Analysis

Chester Volunteer Firemens Association is a registered charity in United States, based in Chester, WV. It received its IRS tax-exemption ruling in February 1995, 31 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 December 2023, Chester Volunteer Firemens Association reported income of $869k and spending of $433k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $869k (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 687%. Over the whole period it spent 53% 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, Chester Volunteer Firemens Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within WV. Charities of a similar size with the same main cause include Ukraine Aid International ($868k), West Ridge Fire Department ($869k) and Pleasant Gap Fire Co No 1 ($865k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. Compensation of current officers, directors and key employees was $31k (7.1% of expenses). At year end it held assets of $3.9m against liabilities of $282k, net assets of $3.6m.