The Cornwall Volunteer Fire Department Incorporated

Analysis

The Cornwall Volunteer Fire Department Incorporated is a registered charity in United States, based in West Cornwall, CT. It received its IRS tax-exemption ruling in March 1988, 38 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, The Cornwall Volunteer Fire Department Incorporated reported income of $226k and spending of $156k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $173k to $226k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 85% 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 Cornwall Volunteer Fire Department Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Balsam-Willetts-Ochre Hill Volunteer Fire Department ($226k), Mechanicsburg Volunteer Fire Department ($226k) and Riner Volunteer Fire Dept ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $729k against liabilities of $0, net assets of $729k.