Forest Hill Volunteer Fire Department Inc

Analysis

Forest Hill Volunteer Fire Department Inc is a registered charity in United States, based in Forest Hill, WV. It received its IRS tax-exemption ruling in September 1998, 28 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, Forest Hill Volunteer Fire Department Inc reported income of $114k and spending of $44k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $114k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 73% 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, Forest Hill Volunteer Fire Department Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within WV. Charities of a similar size with the same main cause include Bentonville Volunteer Firedepartment Inc ($114k), New Eagle Volunteer Fire Department ($114k) and McGrady Volunteer Fire Department Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $542k against liabilities of $16k, net assets of $526k.