New Brook Volunteer Fire Association Inc

Analysis

New Brook Volunteer Fire Association Inc is a registered charity in United States, based in Newfane, VT. It received its IRS tax-exemption ruling in November 1989, 37 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 August 2023, New Brook Volunteer Fire Association Inc reported income of $377k and spending of $192k, leaving 49% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $422k to $377k (-11%), an average of -2.8% a year. The sharpest change came in the year to August 2023, when income rose by 84%. Over the whole period it spent 77% 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, New Brook Volunteer Fire Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 59th percentile within VT. Charities of a similar size with the same main cause include Friendship Fire Co 1 Inc ($377k), Orlean Volunteer Fire Dept Inc ($377k) and Haysi Rescue Squad Inc ($377k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.3m against liabilities of $29k, net assets of $1.3m.