Weddington Area Volunteer Fire Protection Association Inc

Analysis

Weddington Area Volunteer Fire Protection Association Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in October 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending January 2024, Weddington Area Volunteer Fire Protection Association Inc reported income of $231k and spending of $328k, spending 142% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $135k to $231k (+71%), an average of +14% a year. The sharpest change came in the year to January 2023, when income rose by 118%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weddington Area Volunteer Fire Protection Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AR. Charities of a similar size with the same main cause include Tom Williams Worldwide Ministries ($231k), Piedmont Christian Assembly Inc ($231k) and Penna Association for the Blind Chester County Branch Inc ($231k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $639k against liabilities of $303k, net assets of $336k.