Venango Volunteer Fire Dept

Analysis

Venango Volunteer Fire Dept is a registered charity in United States, based in Venango, PA. It received its IRS tax-exemption ruling in October 2014, 12 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, Venango Volunteer Fire Dept reported income of $137k and spending of $97k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $137k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 86% 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, Venango Volunteer Fire Dept sits at the 48th 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 43rd percentile within PA. Charities of a similar size with the same main cause include Honduras Agape Foundation ($137k), Keyport First Aid Squad Inc ($137k) and Iowa Hunter Education Instructor Association ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 0.3% of the total. At year end it held assets of $199k against liabilities of $70k, net assets of $129k.