Terryville Fire Department Inc

Analysis

Terryville Fire Department Inc is a registered charity in United States, based in Port Jeff Sta, NY. It received its IRS tax-exemption ruling in December 2007, 19 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, Terryville Fire Department Inc reported income of $98k and spending of $94k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $98k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 274%. Over the whole period it spent 68% 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, Terryville Fire Department Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Carthage Vol Fire Dept ($98k), New Hartford Firemens Benevolent Association Inc ($98k) and Sparta Township Fire Department ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% of the total. Compensation of current officers, directors and key employees was $3,000 (3.2% of expenses). At year end it held assets of $676k against liabilities of $0, net assets of $676k.