Neon Volunteer Fire Department Inc

Analysis

Neon Volunteer Fire Department Inc is a registered charity in United States, based in Neon, KY. It received its IRS tax-exemption ruling in August 1996, 30 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 June 2023, Neon Volunteer Fire Department Inc reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.4m (+22%), an average of +7.0% a year. Over the whole period it spent 92% 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, Neon Volunteer Fire Department Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Doddridge County Emergency Squad in C ($1.4m), Triple Tree Aerodrome Inc ($1.4m) and Princess Anne Volunteer Fire Company Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $67k (5.0% of expenses). Other salaries and wages came to $470k. At year end it held assets of $2.1m against liabilities of $5,794, net assets of $2.1m. It reported 23 employees.