Gaylordsville Volunteer Fire Dept Inc

Analysis

Gaylordsville Volunteer Fire Dept Inc is a registered charity in United States, based in Gaylordsville, CT. It received its IRS tax-exemption ruling in July 1978, 48 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, Gaylordsville Volunteer Fire Dept Inc reported income of $277k and spending of $273k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $189k to $277k (+47%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 216%. Over the whole period it spent 91% 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, Gaylordsville Volunteer Fire Dept Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Cambridge Fire Company Inc ($277k), Ausable Forks Fire Department Inc ($277k) and Union Volunteer Fire Department Inc ($277k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.