Masontown Volunteer Fire Department Incorporated

Analysis

Masontown Volunteer Fire Department Incorporated is a registered charity in United States, based in Masontown, WV. It received its IRS tax-exemption ruling in May 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Masontown Volunteer Fire Department Incorporated reported income of $158k and spending of $120k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $162k to $158k (-1.9%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 70% 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, Masontown Volunteer Fire Department Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within WV. Charities of a similar size with the same main cause include Pierce County Professional Firefighters Local 726 Benevolent ($158k), Dogs Helping Heroes Inc ($159k) and Modoc Fire Safe Council ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 30% of the total. At year end it held assets of $442k against liabilities of $2,147, net assets of $440k.