Fayetteville Volunteer Fire Department Inc

Analysis

Fayetteville Volunteer Fire Department Inc is a registered charity in United States, based in Fayetteville, PA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fayetteville Volunteer Fire Department Inc reported income of $2.0m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $2.0m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fayetteville Volunteer Fire Department Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Cirrus House Inc ($2.0m), Community Beyond Violence ($2.0m) and Gwinnett United in Drug Education Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $47k (2.3% of expenses). Other salaries and wages came to $982k. At year end it held assets of $3.6m against liabilities of $194k, net assets of $3.4m. It reported 56 employees.