Masonville Fire Department Inc

Analysis

Masonville Fire Department Inc is a registered charity in United States, based in Utica, KY. It received its IRS tax-exemption ruling in March 1976, 50 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, Masonville Fire Department Inc reported income of $106k and spending of $78k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $106k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Masonville Fire Department Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include Soo Line Historical and Technical Society Inc ($106k), Ron Ball - Evangelistic Association Inc ($106k) and Primera Iglesia Bautista of Union City ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $83k against liabilities of $86k, net assets of -$2,447.