Georgetown Volunteer Fire Department Inc

Analysis

Georgetown Volunteer Fire Department Inc is a registered charity in United States, based in Georgetown, ME. It received its IRS tax-exemption ruling in September 2009, 17 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 June 2024, Georgetown Volunteer Fire Department Inc reported income of $79k and spending of $65k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $107k to $79k (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 68% 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, Georgetown Volunteer Fire Department Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 24th percentile within ME. Charities of a similar size with the same main cause include Ocean Bay Park Volunteer Fire Department ($79k), Moosup Valley Volunteer Fire Department No 1 ($79k) and Community Volunteer Fire Company of Lower Alsace Township ($79k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $2,040. At year end it held assets of $516k against liabilities of $0, net assets of $516k.