Oakdale Volunteer Fire Company Inc

Analysis

Oakdale Volunteer Fire Company Inc is a registered charity in United States, based in Oakdale, CT. It received its IRS tax-exemption ruling in March 2009, 17 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, Oakdale Volunteer Fire Company Inc reported income of $380k and spending of $338k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $274k to $380k (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 92% 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, Oakdale Volunteer Fire Company 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 63rd percentile within CT. Charities of a similar size with the same main cause include Mountaintop Hose Company No 1 ($379k), Frisco Fire Prevention Association Inc ($380k) and Red Lobster Cares Inc ($379k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. At year end it held assets of $556k against liabilities of $0, net assets of $556k.