The Pierpont Volunteer Fire Department

Analysis

The Pierpont Volunteer Fire Department is a registered charity in United States, based in Pierpont, OH. It received its IRS tax-exemption ruling in May 2001, 25 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, The Pierpont Volunteer Fire Department reported income of $346k and spending of $348k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $346k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 96% 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, The Pierpont Volunteer Fire Department sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Buchanan Engine Company No 1 Inc ($345k), Wichita West Volunteer Fire Department Inc ($346k) and Tasley Volunteer Fire Company Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $46k (13% of expenses). Other salaries and wages came to $162k. At year end it held assets of $687k against liabilities of $5,553, net assets of $682k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.