Southbury Volunteer Firemens Association

Analysis

Southbury Volunteer Firemens Association is a registered charity in United States, based in Southbury, CT. It received its IRS tax-exemption ruling in March 2006, 20 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, Southbury Volunteer Firemens Association reported income of $784k and spending of $748k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $589k to $784k (+33%), an average of +5.9% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 96% 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, Southbury Volunteer Firemens Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Crescent Hose Company ($783k), Change the World Relieforganization Inc ($785k) and Miller Ferry Fire Department ($781k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $53k (7.1% of expenses). Other salaries and wages came to $31k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 4 employees.