Stony Hill Volunteer Fire Co Inc

Analysis

Stony Hill Volunteer Fire Co Inc is a registered charity in United States, based in Bethel, CT. It received its IRS tax-exemption ruling in February 2005, 21 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 2023, Stony Hill Volunteer Fire Co Inc reported income of $463k and spending of $481k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $393k to $463k (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 99% 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, Stony Hill Volunteer Fire Co Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include The North Stonington Volunteer Fire Company Inc ($463k), North Lexington Triangle Fire Department Inc ($463k) and Mutual Engine Hose Co Eng 1 ($463k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $468k against liabilities of $0, net assets of $468k.