Coalwood-Caretta Volunteer Fire Department

Analysis

Coalwood-Caretta Volunteer Fire Department is a registered charity in United States, based in Welch, WV. It received its IRS tax-exemption ruling in February 1999, 27 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, Coalwood-Caretta Volunteer Fire Department reported income of $77k and spending of $53k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $77k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 71% 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, Coalwood-Caretta Volunteer Fire Department sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Randolph District Volunteer Fire Department Inc ($77k), Search and Rescue Taos Inc ($77k) and Tuftonboro Firefighters Association ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.