Mount Hope Fire and Emergency Medical Service Inc

Analysis

Mount Hope Fire and Emergency Medical Service Inc is a registered charity in United States, based in Mount Hope, WV. It received its IRS tax-exemption ruling in March 2022, 4 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 Hope Fire and Emergency Medical Service Inc reported income of $640k and spending of $623k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.2m to $640k (-80%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 58% 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 Hope Fire and Emergency Medical Service Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WV. Charities of a similar size with the same main cause include Wicksburg Volunteer Fire & Rescue Dept Inc ($640k), Strasburg Fire Co No 1 ($640k) and Green Valley Volunteer Fire Dept Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 41% of the total. Other salaries and wages came to $359k. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m. It reported 12 employees.