Thomastonvolunteer Fire Department Incorporated

Analysis

Thomastonvolunteer Fire Department Incorporated is a registered charity in United States, based in Thomaston, CT. It received its IRS tax-exemption ruling in October 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Thomastonvolunteer Fire Department Incorporated reported income of $131k and spending of $101k, leaving 23% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $117k to $131k (+12%), an average of +12% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomastonvolunteer Fire Department Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Ohio Family Care Association ($131k), Idaho Falls-Bonneville County D a R E Inc ($131k) and Minnesota Fall Maintenance Expo ($131k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.