Benton Volunteer Fire Department Inc

Analysis

Benton Volunteer Fire Department Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in August 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, Benton Volunteer Fire Department Inc reported income of $224k and spending of $228k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $224k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 91% 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, Benton Volunteer Fire Department Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Charlies House Inc ($224k), Wrightsville Steam Fire Engine and Hose Company No 1 ($224k) and Warrior River Fire & Rescue Service ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 67% of the total. At year end it held assets of $839k against liabilities of $342k, net assets of $496k.