Frankford Volunteer Fire Department

Analysis

Frankford Volunteer Fire Department is a registered charity in United States, based in Frankford, WV. It received its IRS tax-exemption ruling in November 2001, 25 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, Frankford Volunteer Fire Department reported income of $97k and spending of $68k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $97k (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 79% 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, Frankford Volunteer Fire Department sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within WV. Charities of a similar size with the same main cause include Chapel Volunteer Fire Department ($97k), Secretary Volunteer Fire Company Inc ($97k) and Steele Creek Acres Volunteer Fire Department ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.0m against liabilities of $22k, net assets of $2.0m.