Katonah Fire Department

Analysis

Katonah Fire Department is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in October 1994, 32 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 March 2023, Katonah Fire Department reported income of $238k and spending of $202k, spending 85% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $146k to $238k (+64%), an average of +13% a year. The sharpest change came in the year to March 2021, when income rose by 768%. Over the whole period it spent 31% 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, Katonah Fire Department sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Mathias-Baker Volunteer Fire Company ($238k), White Plains Volunteer Fire Department Inc ($238k) and Firefighters United for Safety Ethics and Ecology ($238k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $2.7m against liabilities of $7,367, net assets of $2.7m.