The Woodstock Volunteer Fire Association Incorporated

Analysis

The Woodstock Volunteer Fire Association Incorporated is a registered charity in United States, based in Woodstock, CT. It received its IRS tax-exemption ruling in April 2002, 24 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, The Woodstock Volunteer Fire Association Incorporated reported income of $736k and spending of $675k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $385k to $736k (+91%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 108% 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, The Woodstock Volunteer Fire Association Incorporated sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Cove Creek Volunteer Fire Department Inc ($734k), Duck Volunteer Fire Department Inc ($736k) and California Walks ($734k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $1,150 (0.2% of expenses). Other salaries and wages came to $439k. At year end it held assets of $418k against liabilities of $11k, net assets of $407k. It reported 58 employees.