Red Rock Volunteer Fire Company Inc

Analysis

Red Rock Volunteer Fire Company Inc is a registered charity in United States, based in East Chatham, NY. It received its IRS tax-exemption ruling in February 2004, 22 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 2022, Red Rock Volunteer Fire Company Inc reported income of $89k and spending of $91k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $73k to $89k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 273%. Over the whole period it spent 101% 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, Red Rock Volunteer Fire Company Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Bolton Volunteer Fire Company Inc ($89k), Louis J Acompora Memorial Foundation ($89k) and Real Island Volunteer Fire Department Inc ($88k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $577k against liabilities of $81k, net assets of $496k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.