Posey Township Clay County Volunteer Fire Dept Inc

Analysis

Posey Township Clay County Volunteer Fire Dept Inc is a registered charity in United States, based in Staunton, IN. It received its IRS tax-exemption ruling in October 2021, 5 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, Posey Township Clay County Volunteer Fire Dept Inc reported income of $384k and spending of $211k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $384k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 70% 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, Posey Township Clay County Volunteer Fire Dept Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Frazeysburg Vol Fire Department ($384k), Propst Cross Roads Volunteer Fire Department 5 ($385k) and North Warren Voluteer Fire & Recuse Co ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $17k (7.9% of expenses). At year end it held assets of $1.0m against liabilities of $2,670, net assets of $1.0m. It reported 4 employees.