Point Owoods Volunteer Fire Company Inc

Analysis

Point Owoods Volunteer Fire Company Inc is a registered charity in United States, based in Point Owoods, NY. It received its IRS tax-exemption ruling in April 1987, 39 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, Point Owoods Volunteer Fire Company Inc reported income of $215k and spending of $227k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $215k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 89% 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, Point Owoods Volunteer Fire Company Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Stony Point Volunteer Fire Co Incorporated ($214k), Coastal Bend Disaster Recovery Group ($215k) and Brewster Fire Department Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $926k against liabilities of $0, net assets of $926k.