Pharsalia Volunteer Fire Company Inc

Analysis

Pharsalia Volunteer Fire Company Inc is a registered charity in United States, based in E Pharsalia, NY. It received its IRS tax-exemption ruling in July 2014, 12 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, Pharsalia Volunteer Fire Company Inc reported income of $103k and spending of $127k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $103k (+8.9%), an average of +8.9% a year. Over the whole period it spent 101% 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, Pharsalia Volunteer Fire Company Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Garden Spot Fire Rescue Relief Association ($103k), St John Fire Dept Inc ($103k) and Charleston Volunteer Fire Dept Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.