Penn Yan Volunteer Fire Companies Inc

Analysis

Penn Yan Volunteer Fire Companies Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in September 2015, 11 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, Penn Yan Volunteer Fire Companies Inc reported income of $96k and spending of $85k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $102k to $96k (-5.4%), an average of -2.7% a year. Over the whole period it spent 76% 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, Penn Yan Volunteer Fire Companies Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Salem Center Volunteer Fire Department Inc ($96k), Middle Springs Volunteer Fire Association Inc Vermont ($96k) and Long Lake Rescue Squad Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 66% of the total. At year end it held assets of $569k against liabilities of $0, net assets of $569k.