Brookfield Volunteer Fire Company Inc

Analysis

Brookfield Volunteer Fire Company Inc is a registered charity in United States, based in Brookfield, CT. It received its IRS tax-exemption ruling in January 1999, 27 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, Brookfield Volunteer Fire Company Inc reported income of $2.7m and spending of $2.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 102% 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, Brookfield Volunteer Fire Company Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Mountain Home Fire & Rescue Dept Inc ($2.7m), Urban Association of Forestry and Fire Professionals Inc ($2.7m) and Citizens Hose Company of Jersey Shore ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. Other salaries and wages came to $137k. At year end it held assets of $3.5m against liabilities of $155k, net assets of $3.4m.