Mount Olivet Community Association and Volunteer Fire Department Inc

Analysis

Mount Olivet Community Association and Volunteer Fire Department Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in June 1999, 27 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, Mount Olivet Community Association and Volunteer Fire Department Inc reported income of $263k and spending of $119k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $263k (+136%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 74% 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, Mount Olivet Community Association and Volunteer Fire Department Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WV. Charities of a similar size with the same main cause include St Johns Volunteer Fire and Rescue Dept Inc ($263k), Kitzmiller Volunteer Fire Departmen T Inc ($263k) and Williamstown Volunteer Fire Company Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 30% of the total. At year end it held assets of $528k against liabilities of $0, net assets of $528k.