Newton Volunteer Fire Department Inc

Analysis

Newton Volunteer Fire Department Inc is a registered charity in United States, based in Newton, WV. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Newton Volunteer Fire Department Inc reported income of $288k and spending of $256k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $205k to $288k (+40%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newton Volunteer Fire Department Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within WV. Charities of a similar size with the same main cause include Parkview Manor Inc ($288k), Humble Grunt Work ($288k) and Davis Council of Governments Inc ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $901k against liabilities of $445k, net assets of $456k.