Tyrone Volunteer Fire Company Inc

Analysis

Tyrone Volunteer Fire Company Inc is a registered charity in United States, based in Tyrone, NY. It received its IRS tax-exemption ruling in December 2010, 16 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, Tyrone Volunteer Fire Company Inc reported income of $194k and spending of $173k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $194k (+7.0%), an average of +1.7% a year. Over the whole period it spent 97% 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, Tyrone Volunteer Fire Company Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Pensacola Volunteer Fire Department Inc ($194k), West Deer Township Volunteer Fire Department No 1 ($194k) and Prospect Volunteer Fire Dept ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 84% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.