Farmersville Fire Association Inc

Analysis

Farmersville Fire Association Inc is a registered charity in United States, based in Farmersville, OH. It received its IRS tax-exemption ruling in June 1985, 41 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, Farmersville Fire Association Inc reported income of $611k and spending of $632k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $611k (+12%), an average of +2.9% a year. Over the whole period it spent 84% 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, Farmersville Fire Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Bike Utah ($610k), North 40 Mountain Alliance Inc ($612k) and West Rowan Volunteer Fire Department Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $61k (9.6% of expenses). Other salaries and wages came to $107k. At year end it held assets of $1.8m against liabilities of $726k, net assets of $1.1m. It reported 16 employees.