Watauga Volunteer Fire Department 8038-G

Analysis

Watauga Volunteer Fire Department 8038-G is a registered charity in United States, based in Watauga, TN. It received its IRS tax-exemption ruling in May 2013, 13 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, Watauga Volunteer Fire Department 8038-G reported income of $286k and spending of $281k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $286k (+260%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 155%. Over the whole period it spent 96% 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, Watauga Volunteer Fire Department 8038-G sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Balsam Grove Volunteer Fire Department Inc ($286k), Every Baby Guilford Inc ($286k) and Westside Volunteer Firefighters Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.