Penfield Fire Company Inc

Analysis

Penfield Fire Company Inc is a registered charity in United States, based in Penfield, NY. It received its IRS tax-exemption ruling in March 2000, 26 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, Penfield Fire Company Inc reported income of $92k and spending of $99k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $358k to $92k (-74%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 47% 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, Penfield Fire Company Inc 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 34th percentile within NY. Charities of a similar size with the same main cause include Central Berks Fire Company No 1 ($92k), Dunbar Volunteer Fire Department Inc ($92k) and Loudendale Volunteer Fire Dept ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $11k (11% of expenses). At year end it held assets of $760k against liabilities of -$331, net assets of $760k. It reported 17 employees.