Stevenson Volunteer Fire Company Inc

Analysis

Stevenson Volunteer Fire Company Inc is a registered charity in United States, based in Monroe, CT. It received its IRS tax-exemption ruling in February 1954, 72 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 December 2023, Stevenson Volunteer Fire Company Inc reported income of $203k and spending of $225k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $203k (+18%), an average of +4.3% a year. 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, Stevenson Volunteer Fire Company Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Etna Volunteer Fire Department Incorporated ($203k), Quakertown Volunteer Fire Co 1 ($203k) and East Dunkirk Volunteer Fire Company Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $373k against liabilities of $2,009, net assets of $371k.