New Canaan Fire Company Number 1 of New Canaan Connecticut

Analysis

New Canaan Fire Company Number 1 of New Canaan Connecticut is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in December 1992, 34 years ago. 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, New Canaan Fire Company Number 1 of New Canaan Connecticut reported income of $82k and spending of $68k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $75k to $82k (+9.1%), an average of +9.1% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Canaan Fire Company Number 1 of New Canaan Connecticut sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include Mercersburg Library Association Inc ($82k), PTA Florida Congress ($82k) and Wsyb Christmas Fund Incorporated ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.