The Wolcott Volunteer Fire Department Company 3 Incorporated

Analysis

The Wolcott Volunteer Fire Department Company 3 Incorporated is a registered charity in United States, based in Wolcott, CT. It received its IRS tax-exemption ruling in March 2017, 9 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 Wolcott Volunteer Fire Department Company 3 Incorporated reported income of $184k and spending of $160k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $184k (+116%), an average of +116% a year. The sharpest change came in the year to June 2024, when income rose by 116%. Over the whole period it spent 82% 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 Wolcott Volunteer Fire Department Company 3 Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include CRGC Educational Foundation Incorporated ($184k), Island Park Sustainable Fire Community ($184k) and Brazoria Volunteer Fire Department Inc ($184k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.