Northfield Volunteer Fire Company Incorporated

Analysis

Northfield Volunteer Fire Company Incorporated is a registered charity in United States, based in Northfield, CT. It received its IRS tax-exemption ruling in September 2019, 7 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, Northfield Volunteer Fire Company Incorporated reported income of $423k and spending of $160k, leaving 62% of income unspent that year. Across the 2 years on record, from June 2020 to June 2023, income grew from $190k to $423k (+122%), an average of +122% a year. The sharpest change came in the year to June 2023, when income rose by 122%. Over the whole period it spent 52% 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, Northfield Volunteer Fire Company Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Lebanon Township Volunteer Fire Department ($423k), California Energy Alliance ($423k) and Fort Ashby Volunteer Fire Co Inc ($423k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $519k against liabilities of $0, net assets of $519k.