Guilford Volunteer Fire Department Inc

Analysis

Guilford Volunteer Fire Department Inc is a registered charity in United States, based in Guilford, VT. It received its IRS tax-exemption ruling in April 2005, 21 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 2023, Guilford Volunteer Fire Department Inc reported income of $432k and spending of $291k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $260k to $432k (+66%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 43%. 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, Guilford Volunteer Fire Department Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include One World Strong Foundation Inc ($432k), The Salem Rescue Squad Incorporated ($433k) and Luray Volunteer Fire Department ($432k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $7,821 (2.7% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $1.6m against liabilities of $237k, net assets of $1.4m. It reported 5 employees.