Youngstown Volunteer Fire Co

Analysis

Youngstown Volunteer Fire Co is a registered charity in United States, based in Youngstown, NY. It received its IRS tax-exemption ruling in January 2022, 4 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 November 2023, Youngstown Volunteer Fire Co reported income of $450k and spending of $358k, leaving 20% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $389k to $450k (+16%), an average of +3.7% a year. Over the whole period it spent 92% 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, Youngstown Volunteer Fire Co sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Hershey Volunteer Fire Co ($450k), Triple Community Fire Department ($450k) and New Pittsburg Fire and Rescue Association Inc ($450k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.