Franklin Community VFD Inc

Analysis

Franklin Community VFD Inc is a registered charity in United States, based in Wellsburg, WV. It received its IRS tax-exemption ruling in May 2002, 24 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, Franklin Community VFD Inc reported income of $287k and spending of $250k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $287k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 73% 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, Franklin Community VFD Inc sits at the 71st 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 59th percentile within WV. Charities of a similar size with the same main cause include Four Way Volunteer Fire Department Inc ($287k), Strinestown Community Fire Company ($288k) and Scott Township Volunteer Fire Department ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $797k against liabilities of $405k, net assets of $392k.