Payneville Volunteer Fire Department Inc

Analysis

Payneville Volunteer Fire Department Inc is a registered charity in United States, based in Payneville, KY. It received its IRS tax-exemption ruling in February 1999, 27 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, Payneville Volunteer Fire Department Inc reported income of $140k and spending of $117k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $125k to $140k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 78% 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, Payneville Volunteer Fire Department Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within KY. Charities of a similar size with the same main cause include Auburn Fire Company Ambulance Asso ($140k), Carters Valley Volunteer Fire Department ($140k) and Liberty Volunteer Fire Department Inc ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.