Middlebury Volunteer Fire Department Inc

Analysis

Middlebury Volunteer Fire Department Inc is a registered charity in United States, based in Middlebury, CT. It received its IRS tax-exemption ruling in November 1978, 48 years ago. 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 October 2023, Middlebury Volunteer Fire Department Inc reported income of $531k and spending of $445k, spending 84% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $383k to $531k (+39%), an average of +8.6% a year. The sharpest change came in the year to October 2021, when income rose by 46%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Middlebury Volunteer Fire Department Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Newton County Community Services Inc ($531k), Sikh Religious Society of Wisconsin ($531k) and One Step a LA Vez ($531k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. At year end it held assets of $1.4m against liabilities of $139k, net assets of $1.3m.