Loudendale Volunteer Fire Dept

Analysis

Loudendale Volunteer Fire Dept is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in April 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 June 2023, Loudendale Volunteer Fire Dept reported income of $92k and spending of $140k, spending 153% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $34k to $92k (+171%), an average of +172% a year. The sharpest change came in the year to June 2023, when income rose by 171%. Over the whole period it spent 166% 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, Loudendale Volunteer Fire Dept sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WV. Charities of a similar size with the same main cause include Richmond Fire Department Foundation ($92k), Central Berks Fire Company No 1 ($92k) and Disaster Recovery International Foundation Inc ($92k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $244k against liabilities of $62k, net assets of $182k.