Petrolia Volunteer Fire Department

Analysis

Petrolia Volunteer Fire Department is a registered charity in United States, based in Petrolia, CA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Petrolia Volunteer Fire Department reported income of $83k and spending of $84k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $83k (+0.3%), an average of +0.3% a year. Over the whole period it spent 79% 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, Petrolia Volunteer Fire Department sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Lorton Volunteer Fire Department and Rescue Squad ($83k), Cleveland Rural Fire Department Inc ($83k) and Memphis Fire Fighters Association Foundation ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $118k against liabilities of $1,420, net assets of $117k.