The Penfield Volunteer Fire Department

Analysis

The Penfield Volunteer Fire Department is a registered charity in United States, based in Penfield, PA. It received its IRS tax-exemption ruling in March 1995, 31 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, The Penfield Volunteer Fire Department reported income of $236k and spending of $207k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $236k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Penfield Volunteer Fire Department sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Association of Fundraising Professionals ($236k), The Chamber Partnership for a Brighter Future ($236k) and Pastoral Support Service ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $7,650 (3.7% of expenses). At year end it held assets of $1.4m against liabilities of $2,544, net assets of $1.4m. It reported 11 employees.